Asia stock markets bounce on trade talk

 Asian stock markets bounced broadly on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks.

Asian Stock Markets

  • MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.9 percent.
  • Japan’s Nikkei climbed 1.8 percent to its highest level of the year so far.
  • E-Mini futures for the S&P 500.
  • South Korea’s KOSPI shed 1.45 percent.
  • The S&P 500 lost about 0.3 percent on Thursday.

Currency Market

The European Central Bank’s Olli Rehn told a German newspaper on Sunday that recent data point to a weakening euro zone economy and interest rates would remain at the current level until monetary policy goals have been met.

  • The euro edged up 0.2 percent on Monday to $1.1312.
  • The dollar was steady on the yen at 110.53.
  • Sterling was a shade firmer at $1.2913.


  • The dollar helped spot gold firm 0.2 percent to $1,323.56 per ounce.
  • U.S. crude was last up 25 cents at $55.84 a barrel.
  • Brent crude futures rose 5 cents to $66.30.


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