Asian markets moved mostly higher on Monday amidst holidays in several countries, including China, Hong Kong and South Korea.
The Bank of Japan continuing with its ultra-loose monetary policy and maintaining the status quo on the yield curve control policy helped sentiment. The mood was also supported by the view that Reserve Bank of Australia would be holding rates steady in its impending review due on Tuesday.
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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.