Stocks made small advances while currencies were mixed in Asia on Monday amid cautious trading and reduced liquidity with many markets closed for holidays.
Amid a new wave of infections, China’s National Health Commission said it would stop publishing daily case numbers for the coronavirus, complicating the task for investors trying to assess the economic impact. Looking across all the year for global equities, 2022 has been the worst annual performance in more than a decade.
The yen strengthened versus the dollar, even after Bank of Japan Governor Haruhiko Kuroda stressed that the BOJ’s latest adjustments to yield control were not the beginning of an exit of monetary easing.
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