In Asian Equity Markets stocks reversed early gains, with investors in Chinese stocks unsettled by U.S. moves against 33 Chinese entities, with markets otherwise waiting for U.S inflation data that could influence how fast the Federal Reserve raises interest rates. MSCI’s broadest index of Asia-Pacific shares outside Japan shed 0.3 percent to 612.3. Japan’s Nikkei rose 0.3 percent, Korean stocks went up 0.5 percent and Taiwan gained 0.7 percent. Hong Kong’s Hang Seng index shed 1.5 percent, weighed down by losses in tech shares. Chinese stocks were the standout losers, with the CSI300 index down 1.8 percent.

In Currency Markets the dollar made small but broad gains on Tuesday and held a resurgent euro at bay as traders awaited U.S. inflation data, wary it could unleash bets on faster interest rate hikes. The common currency leapt 2.7 percent last week after a hawkish shift in tone at the ECB. But it has been unable to breach resistance around $1.1483 and eased by 0.2 percent to $1.1418 during the Asia session. The dollar edged 0.3 percent higher to 115.43 yen. The Aussie fell 0.2 percent to $0.7109. The New Zealand dollar was marginally softer at $0.6630. Sterling eased 0.2 percent to $1.3514.

In US Equity Markets stocks ended lower on Monday, as investors digested recent quarterly results from Facebook owner Meta Platforms and other megacaps, while Peloton jumped following reports of interest from potential buyers, including Amazon. The Dow remained unchanged to end at 35,091.13 points, while the S&P 500 lost 0.37 percent to 4,483.87. The Nasdaq Composite fell 0.58 percent to 14,015.67. Tyson Foods Inc rose about 17 percent after the meatpacker’s first-quarter profit nearly doubled and rose past estimates on the back of higher prices.

In Commodities Markets oil prices settled lower on Monday on faint signs of progress in nuclear talks between the United States and Iran, which could lead to the removal of U.S. sanctions on Iranian oil sales. Brent crude settled down 0.6 percent, at $92.69. West Texas Intermediate crude fell 1.3 percent, to settle at $91.32 after touching $92.73. Spot gold rose 0.7 percent to $1,820.23 per ounce. Among other precious metals, silver jumped 2.4 percent to $23.02 per ounce, platinum declined 0.4 percent to $1,020.02, and palladium fell 1 percent to $2,261.51.

In European Equity Markets stocks rose on Monday after five straight weeks of declines as gains in mining stocks and positive earnings outweighed worries of a looming policy tightening cycle and geopolitical tensions. The pan-European STOXX 600 rose 0.7 percent after sinking more than 5 percent this year, following sharp declines in tech stocks as broad inflationary pressures invited hawkish comments from major central banks. Mining stocks were among the top performers for the day, rising 1.7 percent after positive comments from major commodity importer China pushed up metal prices.

In Bond Markets the benchmark U.S. 10-year Treasury yield edged lower on Monday, pausing after a jump on Friday due to a stronger than expected payrolls report for January and ahead of data later in the week on inflation pressures. The yield on 10-year Treasury notes was down 1.1 basis points to 1.921 percent after reaching a high of 1.936 percent on Friday, it’s highest since January 2, 2020. The yield on the 30-year Treasury bond was down 0.3 basis points to 2.230 percent. The two-year U.S. Treasury yield was down 2.4 basis points at 1.298 percent.