In Asian Equity Markets the Nikkei 225 advanced 0.35 percent while the Topix rose 0.92 percent. Shares of tech giant Sony, however, fell more than 8 percent after the company cut its revenue outlook for the fiscal year, on the back of weaker-than-expected sales of cameras and smartphones. The ASX 200 gained 0.39 percent in afternoon trade, with the sectors mostly higher. Hong Kong’s Hang Seng index was flat. Stock markets in China and South Korea are closed today due to holidays.

In Currency Markets the U.S. dollar hovered near a one-week high against the yen on Monday, buoyed by stronger-than-expected U.S. jobs and factory data, although the Federal Reserve’s cautious policy outlook and thinned holiday trade in Asia are likely to cap further gains. Data on Friday showed that the U.S. economy created 304,000 jobs in January, the highest in 11 months, and above street estimates. The greenback was marginally higher versus the yen at 109.53, following its largest percentage gain in almost a month during Friday’s U.S. session.

In Commodities Markets crude oil prices edged lower on Monday after sharp gains during the previous session but were supported by expectations of shrinking supply and signs that China-U.S. trade tensions could ease. International Brent crude oil futures on Monday were down 0.32 percent to $62.54 a barrel, after closing up 3.14 percent in the previous session to their highest close since Nov. 21. U.S. WTI futures were at $55.13 per barrel, down 0.24 percent, from their last settlement. WTI settled 2.73 percent higher in the last session at its highest close since Nov. 19.

In US Equity Markets indices ended mixed on Friday, as optimism from a jump in January U.S. job growth was offset by a weaker-than-expected outlook from Amazon.com Inc that battered retail stocks. The online retail heavyweight fell 5.38 percent after its quarterly sales forecast fell short of Wall Street estimates, overshadowing its record sales and profit during the holiday season. The S&P 500 edged 0.09 percent higher to 2,706.53. The Nasdaq Composite fell 0.25 percent to 7,263.87. Cigna Corp fell 2.88 percent lower after the health insurer forecast 2019 revenue and earnings below estimates.

In Bond Markets January’s jump in U.S. job growth pushed Treasury yields up on Friday just days after the Federal Reserve expressed caution about further interest rate hikes this year. Two-year yields, which reflect traders’ expectations of interest rate hikes, rose 5.8 basis points to 2.52 percent, with the 10-year yield up 5.8 basis points to 2.69 percent. The U.S. Labor Department’s closely watched nonfarm payrolls report showed employers hiring the most workers in 11 months, with no “discernible” impact on job growth from a 35-day partial government shutdown.