Asian stock markets are trading mixed on Monday, following the mixed cues from Wall Street on Friday, reacting to sinking crude oil prices, disappointing U.S. monthly jobs data and uncertainty about the pace of global economic recovery amid continued surge in coronavirus cases. Asian markets closed mixed on Friday.
The U.S. Labor Department's report suggests that the delta variant of the coronavirus is weighing on the labor market, although the data could also lead the Federal Reserve to push back its plans to begin scaling back stimulus.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.