- Asia's markets remained flat on Monday, as investors waited to see how pricing pressures affect monetary policy and the pace of economic recovery. Treasury yields have recovered from their recent decline.
- In Japan, equities were barely changed, while they declined in Hong Kong and South Korea. US futures fell as all major US equity benchmarks set new highs on Friday, with the S&P 500 earning its fifth consecutive weekly rally. This followed a larger-than-expected and broad-based increase in US payrolls, which also indicated an increase in average hourly earnings.
- Stocks in China swung this week as the communist party met for the first time in more than a year. The meeting is likely to pave the groundwork for President Xi Jinping's term extension, who has roiled markets with his "common prosperity" effort to redistribute the nation's wealth.
- Australian bonds rose after the 10-year treasury rate in the US fell below 1.5%. This week's consumer price index in the US will be eagerly watched by markets. The dollar soared while the yen fell.
