Asian markets mostly higher on Monday

Asian markets were higher on Monday. Investors are looking for signs about how central banks around the world may take action to support economic growth. The central bank has already indicated that it could take more steps to stimulate the economy.

Asian Markets

  • MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) added 0.1%.
  • Hong Kong’s Hang Seng Index (HSI) moved up 0.1%.
  • China’s Shanghai Composite Index (SHCOMP) rose 0.4%.
  • Japan’s Nikkei (N225) gained 0.4%.
  • South Korea’s Kospi (KOSPI) was up 0.7%.
  • The Dow (DJI) rose 0.25% and the S&P 500 (SPX) edged up 0.1% on Friday.

Currency Markets

  • The greenback traded at 106.840 yen.
  • The euro was steady at $1.1025.
  • The pound was little changed at $1.2282.
  • The 10-year U.S. Treasury yield (US10YT=RR) was at 1.5670% after bouncing to 1.6080% on Friday.

Bonds

  • The 10-year U.S. Treasury yield  was at 1.5670% after bouncing to 1.6080% on Friday, its highest since Aug. 23.

Commodities

  • Brent crude oil futures gained 0.5% to $61.85 per barrel.

Source

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