The US and China are scheduled to hold trade talks in Washington to douse the trade tension between the two countries. The arrest of the CFO of leading Chinese telecommunications company, Huawei, is not helping matters.
Brent oil jumped 2.7% to $61.55pb as traders have already factored the possible rapprochement into the market.
The attached slides address these and other issues in the domestic and global commodities market.
Enjoy your read!