British stocks traded cautiously higher on Monday as U.S.-Iran ceasefire diplomacy hit a wall over the weekend, with energy stocks cushioning the blow from renewed geopolitical tensions after U.S. President Trump dismissed Tehran’s peace proposal as "totally unacceptable."
European stocks were mixed on Monday, with investors cautiously assessing President Donald Trump's comments over the weekend that Iran's response to a U.S. peace proposal was "TOTALLY UNACCEPTABLE."
Japan stocks were lower after the close on Monday, as losses in the Paper & Pulp, Transport and Communication sectors led shares lower.
At the close in Tokyo, the Nikkei 225 declined 0.49%.
Most Asian currencies fell on Monday as stalled U.S.-Iran peace talks dampened risk appetite, although the Chinese yuan found some support after domestic inflation data came in firmer than expected.
Public Investment Bank Bhd (PublicInvest) does not expect the recent World Health Organisation (WHO)-reported hantavirus developments to materially change global glove demand dynamics at this stage.
The dollar advanced for a second day against its major peers in Asian trade on Monday, supported by strong U.S. jobs data and safe-haven demand driven by a shaky U.S.-Iran ceasefire.