Equities climbed modestly in Japan, while Korean shares lost an early advance. Shanghai and Hong Kong opened higher, while Australia’s markets were closed for a holiday. S&P 500 contracts were flat after the index posted a third weekly advance last week. The dollar headed for an eighth straight day of declines, whileWith U.S.
Crude oil lost early gains Monday, taking a breather after six straight weekly advances. OPEC agreed to a one-month extension of its record oil-production cuts. Gold dipped.New York City will begin re-opening after recording its first day since March with no virus fatalities. India starts a phased lifting of its nationwide lockdown. The Netherlands and Belgium plan to open bars and restaurants.
OECD releases its economic outlook Wednesday, a twice-yearly analysis of the economic prospects of member countries