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Wednesday outlook: Oil, Asian shares rise on U.S.-China trade deal hopes

Wednesday outlook: Oil, Asian shares rise on U.S.-China trade deal hopes

Brent crude futures were up 3 cents at $62.17 a barrel by 0330 GMT. They rose 2% on Tuesday

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Opinion

Lukman Otunuga

Will risk appetite weaken further in Q3?

Brexit uncertainty and the threat of withdrawal without a trade deal has placed pressure on the pound

Ole Hansen

Oil weighed down by demand concerns despite Middle East tensions

Traders seem more concerned about lack of future demand than they do about potential disruptions to supply

Ole Hansen

Commodities look to Fed for support amid recession risks

Gold boosted by signs of weakness in U.S. economy, oil faces conflicting forces

Lukman Otunuga

Gold shines as trade tensions fuel global recession fears

Persistent fears over trade tensions and a weaker global economy have pushed gold prices higher

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