Asian assets remained stable on Monday as investors could breathe after another week of escalating US-China trade relations, as sentiment improved as the US said they would remove tariffs in North America.
The MSCI broad-based index for the Asian region outside Japan rose 0.6 percent, reflecting modest rises in Asian markets after it ended at its lowest levels since January 24 at the end of last week.
Australian stocks also jumped 1.7 percent after the Liberal National Coalition made a shocking victory in federal elections.
The assets of the South Korean markets are also up. Kospi is 0.6% above the opening area.
Futures of the US stock index S & P 500 are 0.3% in positive territory.
"We had a lot of votive days filled with statements and interpretations of what is happening with the potential trade war, and I think the news we received over the weekend signals milder action by Trump on international rates," said Jim McCafferty, head of equity research in Nomura.
Today there are no economic news that can cause serious market turmoil, so the main topics of concern remain the well-known suspects - the trade war remains at the forefront, with apparent appetite stimulating the optimism of traders, which also risks the markets. Brexit also remains a hot topic, with any news or speculation there having a strong effect on the pounds and assets of the state.
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