In Asian Equity Markets indices were mainly down on Monday. Japan’s Nikkei 225 traded in negative territory, down by 0.39 percent as most of its major sectors were lower. South Korea’s Kospi extended its losses to trade lower by 0.54 percent. In Australia, the ASX 200 pared some of its earlier gains to trade largely flat.The Greater China markets were down during early trade as Hong Kong’s Hang Seng index edged down by 0.68 percent. On the mainland, the Shanghai composite was lower by 0.39 percent and the Shenzhen composite fell by 0.795 percent.

In Currency Markets the US dollar was steady on Monday on worries of a prolonged China-U.S. trade war and after the United States and Canada ended contentious trade negotiations without a deal. The euro was down about 0.1 percent at $1.1595, extending its slide of the past two sessions. The yen, which like the dollar is a perceived safe haven, advanced about 0.1 percent to 111.02 yen. The Australian dollar was 0.1 percent lower at $0.7187 on trade worries, lingering near a low of $0.7177 reached on Friday, its weakest level since January 2017.

In Commodities Markets oil prices fell on Monday amid rising supply from OPEC and the United States, outweighing concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November. International Brent crude oil futures were at $77.43 per barrel, down 21 cents, or 0.3 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $69.62 per barrel, down 18 cents, or 0.3 percent, from their last settlement. Meanwhile, U.S. drillers added oil rigs for the first time in three weeks, energy services firm Baker Hughes reported on Friday, increasing the rig count by 2 units to 862.

In US Equity Markets the S&P 500 ended flat while the Dow edged down and the Nasdaq closed higher in light trading on Friday as Canada and the United States concluded trade talks without resolution ahead of the Labor Day weekend. Of the 11 major sectors in the S&P 500, five closed lower. Ford Motor Co fell 2.3 percent after scrapping a plan to sell a Chinese-made small vehicle in the United States due to tariff concerns. Apple Inc. closed up 1.2 percent, reaching a new closing high for the fifth straight session. Amazon.com’s shares continued to inch upward, rising 0.5 percent.

In Bond Markets yields on longer-dated U.S. Treasuries rose on news that Canada and the United States had failed to reach an agreement on the North American Free Trade Agreement before the deadline on Friday set by President Donald Trump. Longer-dated securities rose on Friday afternoon’s news, with the 30-year bond yield at a session high of 3.025 percent, up 1.9 basis points from Thursday’s close. Trump told the U.S. Congress on Friday he plans to sign a trade deal with Mexico in 90 days, which Canada could join “if it is willing,” Trump’s top trade official said.