Asian stocks closed mostly higher on Monday amid bets that the U.S. Federal Reserve will pause its tightening campaign after delivering a 25-basis point increase this week. Upcoming ECB and BOJ meetings also remained on investors' radar.
Gold edged up slightly and the dollar was broadly steady against a basket of currencies, while oil prices fell on profit taking after last week's rally.
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Market Analysis
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.