Asian stocks traded mixed on Monday despite optimism that the U.S. Federal Reserve may cut interest rates by a full percentage point by the end of 2024.
Gold was marginally higher as the dollar remained on the back foot after recording its worst week in four months.
The 10-year U.S. Treasury yield hovered near a two-month low while oil rose further after jumping more than 4 percent on Friday.
In the Middle East, the Israeli ambassador to the U.S. said he is hopeful a deal for the release of a significant number of hostages will be reached "in the coming days".
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Business News
September 11, 2026 16:26 ET Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.