In Asian Equity Markets stocks rose on Monday, with Chinese indexes in the lead after the government rolled out more stimulus measures, while fears of more hawkish moves from the Bank of Japan saw local stocks tumble. China’s blue-chip Shanghai Shenzhen CSI 300 index was the best performer in Asia, rallying 2 percent. The Shanghai Composite index added 1.6 percent, while Hong Kong’s Hang Seng index rose 0.7 percent to a six-month high. The Taiwan Weighted index rose 0.6 percent, while Australia’s ASX 200 index rose 0.8 percent. Japan’s Nikkei 225 index sank 1.2 percent.

In Currency Markets the dollar fell to a seven-month low against major peers on Monday while the yen rose to an over seven-month peak, as traders ramped up bets that the Bank of Japan may make further tweaks to its yield control policy at its meeting this week. The yen jumped roughly 0.5 percent to a high of 127.215 per dollar, and last bought 127.67 per dollar. The Aussie gained 0.29 percent to $0.6995. The euro hit a fresh nine-month top of $1.0874, and was last 0.23 percent higher at $1.08565. The British pound was last 0.23 percent higher at $1.2262. The kiwi rose 0.34 percent to $0.64065.

In US Equity Markets the S&P 500 and Nasdaq finished at their highest levels in a month on Friday, with shares of JPMorgan Chase and other banks rising following their quarterly results, which kicked off the earnings season. The Dow rose 0.33 percent, to 34,302.61, the S&P 500 gained 0.40 percent, to 3,999.09 and the Nasdaq Composite added 0.71 percent, to 11,079.16. Among the day’s decliners, Tesla shares fell 0.9 percent after it slashed prices on its electric vehicles in the United States and Europe by as much as 20 percent after missing 2022 deliveries estimates.

In Commodities Markets oil rose on Friday, notching their biggest weekly gains since October, as the U.S. dollar fell to a seven-month low and more indicators pointed toward growing demand from top oil importer China. Brent crude futures settled at $85.28 a barrel, up by 1.5 percent. WTI crude futures rose for the seventh-straight session to settle at $79.86 a barrel, up by 1.9 percent. Spot gold rose 1.3 percent to $1,920.70 per ounce. Spot silver jumped 2.1 percent to $24.28 per ounce. Platinum edged 0.2 percent lower to $1,065.62 and palladium was down 0.2 percent at $1,788.85.

In European Equity Markets stocks closed near a nine-month high on Friday, supported by healthcare and banking stocks and upbeat economic data from Britain. The pan-regional STOXX 600 gained 0.5 percent, outperforming their U.S. peers after reporting season kicked off with mixed bank earnings. On Friday, healthcare stocks provided the biggest boost to the index, with Novo Nordisk A/S and Roche Holding AG gaining 2.5 percent and 1.0 percent, respectively. UK’s FTSE 100 added 0.6 percent, while german stocks closed 0.2 percent higher.

In Bond Markets Treasury yields edged higher on Friday as some investors questioned the market’s take that the Fed will be forced to cut interest rates later this year a day after data showed a significant decline in December consumer prices. The 10-year’s yield rose 5.5 basis points to 3.502 percent on Friday after sliding to 3.418 percent in early trade, in a sign some in the market doubt Fed officials will continue to insist rates will stay higher for longer. The two-year U.S. Treasury yield rose 9 basis points at 4.228 percent. The yield on the 30-year Treasury bond rose 4.1 basis points to 3.615 percent.