Asian stock markets are mostly higher on Monday, following the broadly positive cues from global markets on Friday, as markets continued to recover from recent sell-off sparked by concerns about the world's largest economy slipping into a recession. Traders may also be reluctant to make more significant ahead of key US inflation data later in the week. Asian markets closed mostly higher on Friday.
The Australian stock market is trading notably higher on Monday, adding to the gains in the previous session, following the broadly positive cues from global markets on Friday. The benchmark S&P/ASX 200 index is moving above the 7,800.00 level, with gains across most sectors led by technology and financial stocks.
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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.