European stocks are set for a positive handover from Asia-Pacific. Japan's Nikkei 225 surged past the 30,000 level for the first time in more than 30 years, after government data showedMarkets in China, Hong Kong, Taiwan as well as the U.S. are closed on Monday for holidays.
Oil prices spiked overnight amid fears of an escalation of tensions in the Middle East, after a Saudi-led coalition fighting in Yemen claimed to have intercepted an explosive drone fired by an Iranian-backed Houthi rebel group. Brent crude was up 1.84% at $63.57 per barrel early on Monday morning in Europe.
Back in Europe, the U.K. has now issued a first Covid-19 vaccine dose to more than 15 million people across all four of its top priority categories, in what Prime Minister Boris Johnson described over the weekend as an "extraordinary feat." In Spain, Catalan separatist parties increased their majority in the Catalonian regional parliament on Sunday, despite a strong showing from the local branch of the country's ruling Socialist Workers' Party, setting up potential negotiations between regional separatists and Madrid.board members are set to meet with U.S. investment firm Artisan Partners, which is exerting pressure for a board shakeup, Reuters reported Sunday citing a source close to the matter.
Japan's Nikkei 225 surged past the 30,000 level for the first time in more than 30 years. I'm mystified
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