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Risk Assets Rally On US/China Trade Deal Optimism
Oil traders have been treated to an interesting start to the week as crude traded up to fresh 2019 highs. The driver behind the move is the increased sense of optimism around ongoing US/China trade talks. Following a further round of negotiations in Beijing last week, officials from both sides are due to meet again this week in Washington. While little has been disclosed in terms of the details of last week’s talks, both sides have praised the progress being made and pledged to continue to strive towards a deal. Speaking at a White House conference last week, Trump said the US is now closer than ever to “having a ... (full story)