In Asian Equity Markets indices were mixed on Monday as investors attempted to shake off jitters about trade tensions between the United States and China. In Australia, the benchmark ASX 200 fell 0.12 percent as the heavily weighted financial sector declined 0.8 percent. Major banking stocks were lower. Japan’s Nikkei 225 was down 0.51 percent while the Topix index fell 0.51 percent. Across the Korean Strait, the Kospi was down 0.42 percent. Hong Kong’s Hang Seng index was fractionally lower in early trade.

In Currency Markets the US dollar fell to a two-week low against the yen on Monday as a latest flare-up in global trade concerns dented investor risk appetites and drove down U.S. yields. The greenback was down 0.4 percent at 109.54 yen after falling to 109.45, its weakest since June 11. The Turkish lira was up about 0.5 percent at 4.64 per dollar, after jumping as much as 1.6 percent earlier. The lira had initially jumped after Turkish president Tayyip Erdogan and his ruling AK Party claimed victory in presidential and parliamentary elections on Sunday.

In Commodities Markets brent crude oil prices fell over 1.5 percent on Monday as traders factored in an expected output increase that was agreed at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on Friday. Brent crude futures, the international benchmark for oil prices, were at $74.21 per barrel, down 1.8 percent from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $68.40 a barrel, down 0.3 percent, supported more than Brent by a slight drop in U.S. drilling activity.

In US Equity Markets indices rose on Friday boosted by higher oil prices after the OPEC agreed to a modest increase in output, but a decline in technology stocks capped gains. The S&P 500 gained 0.19 percent, to 2,754.88 and the Nasdaq Composite fell 0.26 percent, to 7,692.82. Leading the decliners among tech was open source software provider Red Hat Inc, which fell 14.2 percent after its current-quarter and full-year revenue missed analysts’ estimates due to a strengthening dollar.

In Bond Markets U.S. Treasury yields were little changed on Friday, trading in narrow ranges, as risk appetite improved a bit with shares on Wall Street higher, but worries over a trade conflict with China kept investors cautious. U.S. 10-year yields ended up slightly at 2.9 percent, from Thursday’s 2.897 percent. U.S. 30-year yields were almost flat at 3.040 percent, compared with 3.043 percent on Thursday. On the short end, U.S. two-year note yields edged up to 2.549 percent, from 2.541 percent late on Thursday.