Stocks Set for Muted Start; Oil in Focus on OPEC+: Markets Wrap

(Bloomberg) — Stocks in Asia were set for a muted start to December as investors weighed data on China’s economy that showed a bright spot for manufacturing and the latest news on the trade front. The Australian dollar rose.Futures pointed marginally higher in Tokyo and Hong Kong. The S&P 500 Index dipped on Friday. On U.S.-China trade: the Global Times reported that China’s government wants tariffs to be rolled back as part of the phase one trade deal with the U.S. Oil was in focus after Iraq said OPEC and its allies will consider deeper production cuts.A gauge of China’s …read more

Source:: Yahoo Finance

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