On Tuesday, Financial Times said that the officials that are working for a solution regarding a trade deal have resolved most of the ongoing difficulties between US-and China. However, they are yet debating on how to execute and implement such an arrangement. Myron Brilliant, executive vice president and head of international affairs at the U.S. Chamber of Commerce said "Without enforcement, this deal fails,” "You need to have enforcement mechanisms that will ensure that both sides have trust that this deal is sustaining and verifiable."
Oil is now at five-month highs
Weekly Report - 08/04/2019