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Air of caution in markets ahead of "major" US sanctions, Trump-Xi meeting
There’s an air of caution in the markets at the start of a week that’s bookended by new US sanctions on Iran and the meeting between US President Donald Trump and Chinese President Xi-Jinping. Asian stocks are seeing a mixed Monday morning, while futures for the S&P 500 remain steady, indicating that equity bulls are losing some momentum ahead of a crucial catalyst for risk sentiment. The outcome from the Trump-Xi meeting promises significant implications for investors who are finalizing their outlooks for the second half of 2019. Markets are expecting to see whether the US-China brinkmanship will give way to a ... (full story)