In Asian Equity Markets indices were mixed Monday morning as investors watched for developments from U.S. President Donald Trump’s state visit to Japan as well as results from the European parliamentary election. Mainland Chinese shares were mixed after about an hour of trade, with the Shanghai composite falling 0.24%. In Japan, the Nikkei 225 rose 0.31%, with shares of index heavyweight Fast Retailing advancing. The Topix also gained 0.37%. Over in South Korea, the Kospi retraced some of its earlier losses to trade down 0.1% while Australia’s ASX 200 traded flat.

In Currency Markets the euro barely budged in early Monday trade after pro-European Union parties held on to two-thirds of seats in the EU parliament elections, limiting gains in nationalist opponents. The common currency was little changed at $1.1210 in Asian trade and off a two-year low of $1.11055 touched on Thursday, as the markets studied the outcome of the vote. The British pound was steady at $1.2725, having regained some ground after Prime Minister Theresa May set out a departure date, bouncing back from a 4-1/2-month low of $1.2605 set on Thursday.

In Commodities Markets oil prices rose on Monday as ongoing supply cuts led by producer club OPEC kept markets relatively tight, but Brent remained below $70 per barrel on concerns over an ongoing trade war between the United States and China. Front-month Brent crude futures, the international benchmark for oil prices, were at $69.10 per barrel, up 41 cents, or 0.6 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were up 10 cents, or 0.2 percent, at $58.73 per barrel.

In US Equity Markets indexes edged higher on Friday after falling in the previous session, as hopeful comments from U.S. President Donald Trump regarding trade relations with China assuaged concerns among some investors. The S&P 500 gained 0.14%, to 2,826.06 and the Nasdaq Composite added 0.11%, to 7,637.01. Financials led percentage gains among the S&P 500’s major sectors, adding 0.8%. Foot Locker Inc shares fell 16.0%, the most among S&P 500 companies, after the footwear retailer missed quarterly profit and same-store sales estimates.

In Bond Markets U.S. Treasury prices fell on Friday as investors booked profits from the previous day’s steep rally, although the decline was seen as a blip as the festering U.S.-China trade conflict could fuel further safe-haven buying. U.S. 10-year note yields rose to 2.323% from 2.296% late on Thursday. Yields on U.S. 30-year bonds advanced to 2.751%, from 2.732% on Thursday. On the short end of the curve, U.S. 2-year yields were up at 2.168% from Thursday’s 2.129%. Volume thinned ahead of a long holiday weekend, with the market closed on Monday for Memorial Day.