In European Equity Markets the pan-European Stoxx 600 ended up 0.22 percent during deals, with most sectors and major bourses in positive territory. Alongside Europe’s banking index, basic resources stocks were among the top performers on Monday morning, up more than 1.6 percent. Shares of Rio Tinto, Anglo American and ArcelorMittalwere all firmly higher. Meanwhile, France’s EDF fell towards the bottom of the index after HSBC cut its rating on the stock to “hold” from “buy.” Shares of the Paris-listed firm fell over 1 percent.

In Currency Markets the U.S. dollar fell against the euro and was sluggish against most major currencies on Monday, as caution about the American economy and expectations for an accommodative Federal Reserve kept the greenback subdued. The euro was 0.16 percent higher at $1.1343, after hitting a two-week high of $1.1359 against the U.S. dollar. The dollar has weakened in recent sessions as investors expect the Fed to strike a dovish tone when it meets this week. Russia’s ruble hit a seven-month high, supported by stronger oil prices and interest in the country’s sovereign bonds.

In Commodities Markets oil prices edged up on Monday, supported by the prospect of prolonged OPEC-led oil supply curbs and signs of inventory declines at the delivery point for U.S. crude futures. The Organization of the Petroleum Exporting Countries and its allies met in Azerbaijan to monitor their crude supply reduction pact, where they said they would exceed commitments in the coming months. Brent crude futures rose 22 cents to $67.38 a barrel. The global benchmark reached a 2019 high of $68.14 last week. U.S. West Texas Intermediate crude added 42 cents at $58.94 a barrel.

In US Equity Markets the S&P 500 and Nasdaq on Monday extended last week’s gains, lifted by technology and financial stocks, as investors waited for the Federal Reserve’s policy meeting later this week for further clues on the pace of interest rate hikes. The S&P 500 was up 0.38 percent, at 2,833.27 and the Nasdaq Composite rose 0.57 percent, at 7,732.29. Edwards Lifesciences Corp jumped 6.9 percent, the most among S&P stocks, after trial results showed that the company’s non-invasive heart valve replacement system was superior to surgery.

In Bond Markets U.S. Treasury yields ticked up but were essentially stalled on Monday morning as traders held off from placing large positions ahead of the Federal Reserve’s policy-setting meeting this week at which the U.S. central bank is expected to keep interest rates steady. The benchmark 10-year yield was up 0.7 basis point, last at 2.600 percent, trading within a narrow range. At either end of the yield curve, the two-year was up 0.4 basis point, while the 30-year was down 0.1 basis point.