LIVE NEWS UPDATE ::
Asian stocks are higher, putting them on track to end their longest losing streak in 16 years, after
the U.S. asked China for a new round of trade talks.
However, Goldman, JPMorgan and UBS are still warning about the potential fallout from escalating
trade tensions
Also on markets:
– The U.S. dollar steadied after a decline and China’s yuan held gains
– Crude oil pared its biggest two.
-day increase since June.
– The euro and pound were flat ahead of ahead of central bank policy decisions.