In Asian Equity Markets indices traded higher Monday morning as investors digested the release of official Chinese data that said the world’s second-largest economy grew 6.6 percent in 2018. The Shanghai composite rose more than 0.7 percent while the Shenzhen component and Shenzhen composite both advanced more than 0.8 percent. Japan’s Nikkei 225 gained 0.57 percent in morning trade while the Topix index rose 0.91 percent. Australia’s benchmark ASX 200 rose more than 0.3 percent, with most sectors seeing gains.

In Currency Markets the U.S. dollar held steady near a two-week high against a basket of currencies on Monday, as investor risk appetite held up despite the latest data showing China’s 2018 economic growth slowing to a near three-decade low. The dollar was down 0.1 percent at 109.64 yen, taking a pause after climbing to a three-week high of 109.895 on Friday. The greenback had gained more than 1 percent against its Japanese peer last week. The euro nudged up 0.15 percent to $1.1376 but remained in close reach of a two-week low of $1.1353 brushed on Friday.

In Commodities Markets oil prices rose to their highest for 2019 on Monday after data showed refinery processing in China, the world’s second-largest oil consumer, climbed to a record in 2018, despite a slowing economy last year. International Brent crude oil futures were at $62.94 per barrel, up 24 cents, or 0.4 percent, from their last close. Brent earlier rose above $63 for the first time in 2019. U.S. West Texas Intermediate (WTI) crude futures were at $54.05 a barrel, up 25 cents, or 0.5 percent. It was the first time this year that WTI rose above $54 a barrel.

In US Equity Markets stocks rallied on Friday, helping Wall Street’s major indexes advance for the fourth consecutive week, as increased hopes the United States and China would resolve their trade dispute lifted shares across sectors. The S&P 500 gained 1.32 percent, to 2,670.71 and the Nasdaq Composite added 1.03 percent, to 7,157.23. U.S. stock markets will be closed on Monday for the Martin Luther King Jr. holiday. Shares of Schlumberger NV jumped 8.1 percent after the oilfield services provider reported quarterly revenue that beat estimates.

In Bond Markets U.S. Treasury yields climbed to three-week highs on Friday as investors piled back into Wall Street on hopes Washington and Beijing were moving to end their trade dispute as well as on stronger-than-expected data on manufacturing output. The yield on benchmark 10-year Treasury notes hit a three-week peak, ending at 2.781 percent, 3.4 basis points above Thursday’s close. The 10-year yield climbed about 8 basis points last week, its biggest weekly rise since the week of Nov. 2.