MARKET PULSE - ASIA
Commodities found a slight bid at the start of the week, centred on base metals and agriculture futures.
Periphery stocks are pacing gains following sovereign debt upgrades for Greece and Spain, amid news that delegates from Germany's SPD party voted to start formal talks with the CDU/CSU on creating a grand coalition in the country.
Markets in Asia were mixed on Monday, with investors keeping one eye on the United States and the ongoing government shutdown there.
Energy futures came under pressure from slight profit-taking on Friday after the International Energy Agency forecast a big supply-side response to crude oil futures hovering near $70 a barrel.
Most Asian markets finished in the green on Friday, despite whirling concerns of a government shutdown across the Pacific in the United States.
Shares in Evraz jumped after the steelmaker reported that consolidated crude steel output was at 3. 5m tonnes during the final three months of 2017, unchanged from the prior quarter.
Malaysia's sovereign wealth fund Permodalan Nasional Berhad (PNB) has agreed to buy a stake in London's Battersea Power Station building as costs continued to rise for the project development.
Taiwan Semiconductor Manufacturing (TSMC) forecast revenue behind market expectations from its current trading quarter, as dwindling smartphone sales in China and a stronger Taiwanese dollar outweighed product demand from cryptocurrency miners.
Dubai-based airline Emirates signed a memorandum of understanding to purchase as many as 36 new Airbus SE A380s for a total of $16bn.
Markets in Asia finished mixed on Thursday, with the Japanese benchmark hitting a 26-year high early in the session before closing in the red.
China's economy grew more quickly than expected in 2017, according to both official and private sector estimates, but some economists believed the official figures belied the extent of the slowdown in the fourth quarter.
Credit Suisse boosted its target price for shares of iron ore miner Ferrexpo by well over a third on the back of the recovery in prices seen over the past year and after the pellet premium surprised to the upside.
Equities in the Asia Pacific region raced ahead on Wednesday, led by gains in Hong Kong's benchmark Hang Seng index, which topped its pre-crisis highs.
Japanese company SoftBank is studying floating 30% of its mobile phone business SoftBank Corp. in Tokyo and overseas, possibly in the autumn.
Japanese stocks brushed-off strength in the yen on Monday, but their Chinese peers were not quite as lucky.
Longer-term US Treasury yields jumped to near their 2017-highs following a report that Beijing might be looking to slow or stop its purchases of American government debt.
Chinese consumer prices fell short of forecasts in December alongside a drop in factory gate inflation in the Asian giant to a 13-month low, possibly opening the way up for looser central bank policy.
Equities around the Asia Pacific region finished the session little changed for the most part, despite record closes overnight on the S&P 500 and Nasdaq Composite.
Asian stocks were mostly higher at the start of the week, even as traders and analysts continued to ponder aloud about the underpinnings of recent equity market gains.
China's foreign exchange reserves hit their highest level since September 2016 last month as interbank liquidity tightened, analysts said.