Stocks in Australia were set to dip at the open on Monday as investors watch for developments on the U.S.-China trade front.
Anheuser-Busch InBev, is set to price its Budweiser IPO in Hong Kong on Monday. It is the firm's second attempt at doing so after halting its earlier attempt at going public.
Oil markets will also be watched on Monday after the Nikkei Asian Review reported that Saudi Arabian state oil firm Aramco told Japanese refiner JXTG about a potential change in shipments.
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Hopes for trade breakthrough fade as China cancels US farm visitsChinese officials were expected to visit US farmers next week as a goodwill gesture, but canceled to return to China sooner than originally scheduled, agriculture organizations from Montana and Nebraska said.
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Even a 'smaller' US-China deal could be good for business confidence, says Blackstone executiveSuch a deal could include agreements on 'easy items' such as China buying more U.S. agriculture products, says Blackstone Executive Vice Chairman Tony James.
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