· European markets are set to open higher on Monday morning after a firm lead by U.S. stocks in the previous session and as Germany looks closer to forming a new government.
· Asian shares crept toward all-time peaks on Monday after Wall Street boasted its best start to a year in over a decade, with brisk economic growth and benign inflation proving a potent cocktail for risk appetites.
MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2 percent having climbed 3.1 percent last week, its strongest performance in six months.
At 588.55, the index is within spitting distance of its record top of 591.50 hit in November 2007.
· China’s main share indexes rose on Monday, climbing for a seventh straight session and boosted by robust gains for real estate firms as major developers reported stellar 2017 sales. The indexes closed at their highest in six weeks.
At the close, the Shanghai Composite index was up 18.25 points or 0.54 percent at 3,410.00.
Reference: Reuters, CNBC
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