Earlier, market watchers reported that Chinese exports to the US had fallen by 16 percent year-on-year in August, while imports from the US sagged by over 22 percent in the same period. The slump came as the US slapped a 15 percent tariff on the remaining $300 billion-worth of goods imported from China, with the tax stepping into effect on September 1. SEE MORE Earlier this year, after discovering that the Department of Energy had greenlit six authorisations to allow US companies to assist Saudi Arabia with its nuclear programme, a bipartisan group of lawmakers in the US Senate attempted to put together a bill to block Washington from providing funding for the transfer of US nuclear technology to Riyadh. SEE MORE Russia’s long-running bet on gold is looking better every month. SEE MORE The dollar was marginally lower on Friday against a basket of currencies, holding above a one-week low as a mixed report on the U.S. jobs market in August reinforced the view of a slowing expansion and chances of more interest rate cuts from the Federal Reserve. SEE MORE Oil gave back some of its recent gains on Friday, but was still headed for the biggest weekly increase since early July, boosted by a decline in U.S stocks, a looming hurricane in Florida and an easing of Sino-U.S. trade rhetoric. SEE MORE