Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
Syria's Kurds said Syrian government forces agreed Sunday to help them fend off Turkey's invasion.World Newsread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
A portion of Saudi Aramco may not go public until late next year. But when it does, it could stunt price growth in crude oil, Dennis Gartman said Monday.
Saudi Aramco CEO Amin Nasser told CNBC on Sunday his plan to take part of the world's largest oil company public remains on track for the second half of 2018. Recent reports have suggested the offering may be delayed into 2019 or even shelved.
When a portion of it does go public, it's going to be "very difficult" for U.S. West Texas Intermediate (WTI) crude to break $55 a barrel and "tough" to push Brent crude past $60 per barrel, Gartman told CNBC's "Fast Money."
On Monday, WTI traded at $51.90 and Brent crude traded at $57.33.
"So I think yes, the IPO when it comes — it is a long way away, it's the next half of next year — but I think that probably shall mark a very important high for the crude oil market for many years into the future," said Gartman, editor and publisher of The Gartman Letter.
If Gartman was forced to invest in oil, he would choose refiners rather than the producers.
"If you have to have something in the oil business, if you want to own oil in some manner, own the refiners," he said. "I think that's a better trade."