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Asia Eyes Muted Open, Oil in Focus During Tensions
Stocks in Asia were mostly unchanged while currencies in the region ticked higher amid cautious trading and reduced liquidity with some markets closed for holidays. Benchmarks for mainland China ticked lower at the open and Japanese equities traded flat while other markets including Hong Kong, New Zealand and Australia were shut. The S&P 500 notched an eight-week winning streak on Friday — the longest in more than five years on signs price pressures in the US were easing. Contracts for US stocks and Treasuries were also little changed in Asia trading. Emerging Asian currencies such as South Korea’s won and the ... (full story)