Thursday, 10 October 2019

MIDEAST STOCKS-Gulf stocks subdued as investors cautious about U.S. China talks - Agricultural Commodities - Reuters

MIDEAST STOCKS-Gulf stocks subdued as investors cautious about U.S. China talks - Agricultural Commodities - Reuters:

Gulf stocks were largely flat on Thursday as a media report lowered expectations for a breakthrough in talks between the United States and China aimed at resolving a trade dispute.

Oil prices edged lower as the ongoing trade war between the world’s two largest oil consumers weighed on the global economy and fuel demand.

The United States and China made no progress in deputy-level trade talks held during Monday and Tuesday in Washington, the South China Morning Post reported, citing unnamed sources with knowledge of the meetings.

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