NEW YORK: Oil prices rose and a gauge of global equity markets hit a new high on Tuesday as investors awaited a China-U.S. trade deal they hope will spur world growth after the economy in 2019 saw its weakest year since the financial crisis.
Gold prices slid as the planned signing at the White House on Wednesday of the Phase 1 trade deal dampened both the appeal of safe-haven bullion and the Japanese yen, which dropped to eight-month lows.
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