In Asian Equity Markets indices were mixed in Monday morning trade. Mainland Chinese stocks were mixed in morning trade, with the Shanghai composite down 0.18%. Meanwhile, Hong Kong’s Hang Seng index fell 1.35%. Shares of Hong Kong Exchanges and Clearing declined 2.41% following the rejection of its takeover bid by the London Stock Exchange Group last Friday. Australia’s S&P/ASX 200 was largely unchanged as majority of the sectors traded lower with the exception of the energy sub-index, which jumped more than 4% on the back of a surge in oil prices.

In Currency Markets the U.S. dollar fell while safe-havens and currencies of oil producing countries rallied on Monday, following an attack on Saudi Arabian refining facilities that disrupted global oil supply and heightened Middle East tensions.  The Canadian dollar rose 0.5% in morning trade in Asia to 1.3224 per dollar. The Norwegian krone rose almost 0.6% to 8.9363 per dollar. Both currencies often move together with the oil price because the countries are major oil exporters. The safe-haven Japanese yen and Swiss franc each lifted at least 0.3% on the dollar.

In Commodities Markets oil prices retreated on Monday after hitting their highest since May at the open, on fears over supply disruptions following an attack on Saudi Arabia’s oil facilities on Saturday that cut more than 5% of global oil supply.  Brent crude futures rose $7.06 a barrel or 11.7% from their New York close on Friday to stand at $67.28 per barrel, after jumping more than 19% to a session high of $71.95 per barrel at the opening. U.S. WTI futures climbed $5.76 a barrel or 10.5% to $60.60 a barrel, after jumping more than 15% to a session high of $63.34 a barrel.

In US Equity Markets the S&P 500 ended the day down slightly on Friday but less than 1% below its all-time high as a drop in Apple stock countered cooling U.S.-China trade tensions. Apple Inc was the biggest drag on the major stock averages, falling 1.9% after Goldman Sachs cut its price target for the iPhone maker’s shares. The S&P 500 lost 0.07%, to 3,007.39 and the Nasdaq Composite fell 0.22%, to 8,176.71. Lumber Liquidators Holdings Inc fell 13.2% after founder Thomas Sullivan told Bloomberg he was holding off on plans to take the company private.

In Bond Markets U.S. Treasury yields climbed to multi-week peaks on Friday, as trade tensions between the United States and China eased further after more conciliatory measures, with U.S. recession risks continuing to diminish after stronger-than-expected retail sales data. U.S. yields rose for five straight sessions. U.S. benchmark 10-year note yields rose to 1.901% from 1.791% late on Thursday, hitting a six-week high of 1.903%. Yields on 30-year bonds were also higher at 2.373% from 2.264% on Thursday, touching a five-week high of 2.378%.