In Asian Equity Markets indices were  higher Monday morning as investors waited for a new round of high-level U.S.-China trade talks, which is set to begin later in the week. The Shanghai composite gained more than 0.8 percent. Hong Kong’s Hang Seng index, meanwhile, gained 0.57 percent as shares of Chinese tech giant Tencent added 0.47 percent. In Japan, the Nikkei 225 fell 0.22 percent while the Topix shed 0.26 percent. Shares of Japanese conglomerate Softbank Groupdeclined about 0.75 percent.

 

In Currency Markets the U.S. dollar was down on Monday, not far off more than one-week lows as financial markets shifted their attention to this week’s Federal Reserve rates-setting review with traders wagering policymakers would signal a pause to their tightening cycle. The dollar index, a gauge of its value versus six major peers was marginally lower at 95.73. A deal to reopen the U.S. government for now after a prolonged shutdown also reduced investor demand for the safety of the greenback.

 

In Commodities Markets oil prices fell on Monday after U.S. energy firms added rigs for the first time this year in a sign that crude production there will rise further. U.S. spot crude oil futures were at $53.37 per barrel, down 32 cents, or 0.6 percent, from their last settlement. International Brent crude oil futures were at $61.37 a barrel, down 27 cents, or 0.4 percent. High supply and an economic slowdown are weighing on the oil price outlook.

 

In US Equity Markets gained ground on Friday in a broad-based rally as investors were heartened by news that Washington would move to end the longest U.S. government shutdown in history. The S&P 500 gained 0.86 percent, to 2,664.98 and the Nasdaq Composite added 1.24 percent, to 7,160.83. Intel Corp shares dropped 5.7 percent following the chip-maker’s disappointing fourth-quarter sales and current-quarter forecasts.

 

In Bond Markets U.S. Treasury yields rose on Friday, with 10-year yields bouncing from a one-week low, as Wall Street stocks climbed on upbeat company results, offsetting worries about slowing economic growth and the U.S.-China trade conflict. The yield on benchmark 10-year Treasury notes was 4.3 basis points higher at 2.755 percent. It hit a one-week low of 2.700 percent on Thursday. Two-year Treasury yields were up 4.2 basis points at 2.604 percent.

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