Fundamental analytics

Asia: Japanese and Chinese markets will remain closed on Monday in observance of national holidays.

Markets in Asia were mostly higher on Thursday, following a modest increase of Wall Street’s top three indexes while market participants awaited fresh economic reports later in the day.

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Asian equity markets were mostly lower on Wednesday, following a weak close in Wall Street on the back of interest rates expectations and concerns about the future of the economy.

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Asian equity indexes moved into green territory on Tuesday despite a weak lead from Wall Street on the back of higher Treasury yields and as traders await more economic reports.

GBPUSD

The overall picture remained the same on Monday. 

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Markets in Asia traded mostly in red territory on Monday, as market participants eyed increasing US Treasury yields while continuing to digest heavy losses in the technology sector.