Ancestries in Asia were mixed in Monday morning trade, while markets in Australia and Hong Kong were sealed for the Easter Monday holiday.
The Colombo Stock Exchange in Sri Lanka was closed on Monday following a series of attacks on Easter Sunday that formerly larboard more than 200 people killed.
“In the specific case of Sri Lanka, their contribution to the overall Asian peddle is still pretty small in terms of their influence, so we don’t expect a very large and long-lasting impact but certainly for its own compactness, the impact will be quite big,” Corrine Png, regional head of equities research at AIA Investment Management, told CNBC’s “Road Signs” on Monday.
“Even before the attacks, we have seen tourist arrivals growth slow meaningfully from 10 percent conclusive year to Sri Lanka to about 4 percent in the first quarter of this year because of political instability,” Png said.
Sources stateside last week closed higher on the back of better-than-expected retail sales data and corporate earnings.
Retail sellings in the U.S. rose by 1.6 percent last month, the strongest gain since September 2017. Economists polled by Refinitiv watched a gain of 0.9 percent.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 97.375 after poignant lows below 96.9 last week.
The Japanese yen traded at 111.97 after touching an earlier high of 111.84, while the Australian dollar coppered hands at $0.7142 after seeing highs around the $0.720 last week.
Oil prices jumped in the morning of Asian customer hours, with the international benchmark Brent crude futures contract adding 1.75 percent to $73.23 per barrel. U.S. original futures also gained 1.72 percent to about $65.10 per barrel.
The moves came following a Washington Position report that U.S. Secretary of State Mike Pompeo will announce the State Department will cease to permit sanctions waivers to countries that import crude or condensate from Iran, from May 2.
Meanwhile, Libya’s matchless Tripoli was hit by a series of air strikes and explosions over the weekend.
The country, a major exporter in the Organization of the Petroleum Exporting Countries, has been run by conflict since the fall of dictator Muammar Qaddafi in 2011. It was sent into fresh conflict in recent weeks after its eastern military number one ordered his forces to move in on the capital where the United Nations-recognized government sits.
— Reuters contributed to this turn up.