In Asian Equity Markets the Shanghai composite was up 0.25 percent in early trade, while the Shenzhen composite rose 0.35 percent. Hong Kong’s Hang Seng index advanced 0.44 percent. The Nikkei 225 in Japan rose 0.42 percent while the Topix index added 0.16 percent. In South Korea, the Kospi index was up 0.38 percent. Australia’s benchmark ASX 200 was up 0.85 percent as most sectors advanced. The heavily weighted financial subindex added 1.24 percent while the energy subindex was up 1.29 percent.

In Currency Markets the British pound rose on Monday as investors prepared for parliament to vote on a series of Brexit options, with some hoping that the current uncertainty will end in a softer Brexit than Prime Minister Theresa May’s defeated withdrawal agreement. May’s deal was voted down for a third time by lawmakers on Friday, plunging Britain into even more political uncertainty and sending sterling below $1.30. But the British currency has since rallied. Sterling rose 0.8 percent to as high as $1.3135.

In Commodities Markets oil prices rose to fresh highs for the year on Tuesday, after a U.S. official said Washington is considering more sanctions on Iran and a key Venezuelan export terminal halted operations. Price were also underpinned by a Reuters survey showing OPEC oil supply sank to a four-year low in March, and positive data from the world’s biggest economies, the United States and China. Brent crude rose 26 cents, or 0.4 percent, to $69.27 a barrel, having earlier touched $69.29, a new high for 2019.

In US Equity Markets stocks rallied on Monday, starting off the second quarter on a strong note, as upbeat manufacturing numbers from China and the United States eased worries about slowing global growth. The S&P 500 gained 1.16 percent, to 2,867.19, and the Nasdaq Composite rose 1.29 percent, to 7,828.91. Lyft Inc shares fell 11.9 percent to end below their IPO price after brokerage Guggenheim Securities started coverage of the ride-hailing company’s shares with a “neutral” rating. Lyft debuted on the Nasdaq on Friday.

In Bond Markets the U.S. Treasury market posted its biggest one-day sell-off in three months on Monday, as encouraging data on manufacturing activity in the world’s two biggest economies spurred some investors to scale back their holdings of safe-haven bonds. In heavy-volume trading, the yield on U.S. benchmark 10-year Treasury notes rose nearly 9 basis points for its biggest single-day jump since Jan. 4. It broke above 2.50 percent to its highest levels in over a week in late U.S. trading.