In Asian Equity Markets stocks fell on Monday as caution kicked in ahead of a Federal Reserve meeting and key economic data this week, while Chinese shares rose sharply as they resumed trade after a week-long holiday. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes rose 1.2 percent and 0.7 percent. South Korea’s KOSPI fell 1.4 percent, while Japan’s Nikkei 225 index fell 0.1 percent. Technology stocks were the worst performers for the day, with Hong Kong’s Hang Seng index down 1.8 percent.

In Currency Markets the dollar distanced itself from an eight-month trough on Monday ahead of a slew of central bank meetings this week, though gains were capped by dovish repricing of the U.S. Federal Reserve’s rate-hike expectations as compared to more hawkish counterparts. The U.S. dollar index rose 0.03 percent to 101.92, after having hit an eight-month low of 101.50 last week. Sterling was up 0.04 percent at $1.2405, while the euro rose 0.06 percent to $1.0874. The Australian dollar fell 0.3 percent to $0.7088, the New Zealand dollar fell 0.05 percent to $0.6491.

In US Equity Markets stocks advanced on Friday, marking the end of an rocky week in which economic data and corporate earnings guidance hinted at softening demand but also economic resiliency ahead of next week’s Fed monetary policy meeting. The Dow rose 0.08 percent, to 33,978.08, the S&P 500 gained 0.25 percent, to 4,070.56 and the Nasdaq Composite added 0.95 percent, to 11,621.71. Shares of Intel Corp fell 6.4 percent after the chipmaker provided dismal earnings projections. Chevron Corp posted record 2022 profit, but its fourth quarter earnings fell short of expectations, dragging the stock down 4.4 percent.

In Commodities Markets oil prices settled lower on Friday, making their weekly finish flat to lower, as indications of strong Russian oil supply offset better-than-expected U.S. economic growth data, strong middle distillate refining margins and hopes of a rapid recovery in Chinese demand. Brent futures settled down 0.9 percent, at $86.66 per barrel. U.S. crude fell 1.6 percent, to settle at $79.68, 2 percent lower on the week. Spot gold edged up 0.1 percent to $1,931.61 per ounce. Spot silver lost 1.4 percent to $23.5675 per ounce, platinum was down 0.6 percent to $1,012.25, while palladium fell 3.3 percent to $1,622.14.

In European Equity Markets stocks ended higher on Friday as investors assessed mixed earnings from the region, while easing inflation in the United States bolstered sentiment ahead of a week of major central bank decisions. The pan-European STOXX 600 climbed for the second straight day, adding 0.2 percent, and posted weekly gains. Rate-sensitive banks rose 0.6 percent with Europe’s top lenders such as Italy’s UniCredit to report results in the coming days. Italy’s banking-heavy stock index rose 0.8 percent to hit a near one-year high.

In Bond Markets U.S. Treasury yields were higher on Friday after inflation data in Japan surprised on the upside and following the release of the Federal Reserve’s favored inflation measure, the Personal Consumption Expenditures (PCE) index, which was in line with expectations. Benchmark 10-year yields were up about three basis points at 3.518 percent. They went as high as 3.565 percent in intraday trading, their highest in over a week. Two-year yields  rose to 4.207 percent.