Here are the top three events you need to know in financial markets on Monday, February 25:
1. Trump Delays U.S. Tariff Hike on Chinese Goods
Donald Trump,U.S. President declared on Sunday that he would delay an increase in tariffs on Chinese goods saying both countries has made a substantial progress over weekend talks.
2. Oil Prices Near 2019 Highs
Oil prices traded near their highest level this year, backed by optimism around U.S. – China talks and upcoming agreement.
3. Brexit Uncertainty Rises as May Delays Key Vote
Only 32 days left until the U.K. is due to leave the European Union. There are a few options being considered including delaying the Brexit. On March 12, parliament will strive to approve Prime Minister Theresa May’s deal.