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• European stocks are set to open lower on Monday morning as investors monitored corporate earnings, while oil prices hovered near 2-year highs amid supply fears.
Looking to the major bourses, the U.K.'s FTSE 100 is expected to open 27 points lower at 7,480, while the German DAX is set to start on a negative note, down 17points at 13,206, and the French CAC is poised to open down 10 points at 5,487, according to IG.
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• Asian shares climbed on Monday, as technology stocks were bolstered by solid earnings from U.S. tech stalwarts and on strong pre-orders for Apple’s iPhone X, while oil hovered around a 2-year peak on supply fears.
Apple Inc (AAPL.O) said pre-orders for the 10th anniversary iPhone X, which started on Friday, were “off the charts”, a blessing for Asian suppliers such as South Korea’s LG Display (034220.KS) and Taiwan Semiconductor Manufacturing Company (2330.TW).
Indeed, technology stocks were the top gainers in MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS, which was up 0.5 percent. Samsung Electronics (005930.KS) led the charts.
• Japan’s Nikkei share average made little headway in choppy trade on Monday, with gains in suppliers to Apple Inc offset by selling in financials and caution ahead of major central bank meetings this week.
The Nikkei ended flat at 22,011.67, after hitting a fresh 21-year high of 22,086.88 in early trade.
• Shanghai stocks posted their biggest one-day slide in 11 weeks on Monday, dented by expectations of a new wave of initial public offerings and a further rise in bond yields, signalling tighter liquidity.
The Shanghai Composite Index dropped 0.8 percent to 3,390.34 points in its worst outing since mid-August, while the blue-chip CSI300 index fell 0.3 percent to4,009.72.
• Hong Kong shares fell on Monday, bucking the trend in Asia markets, with sentiment hurt by a slump in mainland stocks that was triggered by liquidity concerns.
The Hang Seng index fell 0.4 percent, to 28,336.19, while the China Enterprises Index lost 0.7 percent, to 11,563.38 points.
Reference: Reuters, CNBC
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