Asian markets trade mixed on Monday



Equity tips:-

Shares in Hong Kong and China climbed after reopening from a holiday, while stocks in Seoul and Sydney saw more modest gains.






Asian stocks kicked off the week in mixed fashion as investors digested the progress made on trade last week and US employment data Friday. Oil rose as fighting in Libya raised the risk of supply outages.

Shares in Hong Kong and China climbed after reopening from a holiday, while stocks in Seoul and Sydney saw more modest gains. Equities in Tokyo declined as the yen pushed higher.

S&P 500 Index futures were little changed after the benchmark rounded out last week with gains that took it to a six-month high. The dollar was steady and benchmark Treasury yields ticked below 2.5%. As President Donald Trump pressured the Federal Reserve to sustain growth, comments from both the US and China suggested progress was being made in trade talks.

Elsewhere, the pound steadied as British Prime Minister Theresa May appealed to both the public and politicians in search of support for a compromise departure plan. While May will meet EU leaders Wednesday to make her case for a short extension to June 30, European Council President Donald Tusk is pushing for a delay of as long as a year to allow time to forge a new consensus.

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