In Asian Equity Markets indices edged higher on Monday. Japan’s Nikkei 225 turned more positive through the session, with the index trading higher by 0.65 percent amid broad gains. The move higher was led by the Topix oil and coal products subindex, which rose 1.62 percent, with gains also seen in the retail, technology and banking sectors. Elsewhere, South Korea’s benchmark Kospi rose 0.55 percent as manufacturing names advanced. Daewoo Engineering and Construction was up 5.02 percent and Hyundai Cement popped 8.19 percent. Hong Kong’s Hang Seng Index added 0.31 percent, but mainland stocks were downbeat.

In Currency Markets the yen ticked higher while the Canadian dollar fell modestly on Monday, after U.S. President Donald Trump threw the G7’s efforts to show a united front into disarray though market reaction was relatively muted. The euro edged up as traders looked to the European Central Bank’s policy meeting on Thursday for when and how it would wind up its bond purchases and eventually lift interest rates from current deep negative levels.  The Canadian dollar, which has been dogged by fears Trump may scrap the North American Free Trade Agreement, fell 0.3 percent to C$1.2960. The Mexican peso lost 0.1 percent to 20.316, not far from its 16-month low of 20.6505 touched on Friday.

In Commodities Markets oil prices were mixed on Monday, caught between the downward pull of rising Russian production and U.S. oil drilling activity at its highest since 2015, and upward pressure from strong demand, especially in Asia. However, analysts expect raising U.S. output to start offsetting efforts led by the OPEC to withhold production, which have been in place since 2017 and in the first half of this year have pushed up prices significantly. Brent crude futures, the international benchmark for oil prices, were at $76.50 per barrel, up 4 cents from their last close. But U.S. West Texas Intermediate (WTI) crude futures  were down 8 cents at $65.66 a barrel.

In US Equity Markets indexes edged higher in a choppy trading session on Friday as investors placed bets ahead of a busy week of central bank meetings and appeared to shrug off concerns about global trade. The S&P 500 gained 0.25 percent, to 2,777.35 and the Nasdaq Composite added 0.17 percent, to 7,647.71. The consumer staples index was the biggest percentage gainer of the S&P’s 11 major sectors. Its biggest driver was Procter & Gamble which continued its rally from the previous day with a 1.6 percent gain. The Healthcare index was the S&P’s boost with a 0.64 percent gain and its biggest driver was Allergan, which was up 4 percent.

In Bond Markets U.S. Treasury yields were marginally lower on Friday on light volume as traders awaited the outcome of the Group of Seven summit, fretting about growing trade tensions between the United States and its major allies and global economic growth.  Bond traders are also on edge ahead of this week’s $66 billion coupon-bearing supply and possible signals on monetary policy coming out of the meetings of U.S. Federal Reserve and European Central Bank policy makers.  The yield on benchmark 10-year Treasury notes was 2.926 percent, down 0.3 basis point from late Thursday. The yield was of about 4 basis points for the week.