Chinese tech stocks rose this morning after China took a step to settle a dispute with the US over oversight of companies' financial reports.
The Japanese Nikkei 225 is horizontal. With the said step, concerns about the removal of Chinese companies from the US indices also decreased.
The decision taken was a new step in the sharing of financial data of companies operating abroad. This step ensures that US regulators have more than 200 listed on the New York Stock Exchange.
It paved the way for many companies to gain full access to audit reports. The issue of control access between China and the US has been problematic for nearly 20 years.
US and European futures indices, on the other hand, are flat.
Dollar Index did not show much change. The US 10-year bond yield starts the week at 2.4115 percent, up 3 basis points after falling 9 basis points last week.
Oil prices, on the other hand, fell on the new coronavirus wave in China and expectations that governments will increase supply in the market by using their strategic reserves. US crude oil price per barrel
It's flat at $99 this morning after falling 13 percent for the full week.
Brent oil, which declined at a similar rate on a weekly basis, was above $ 104 a barrel and did not show much change compared to Friday.
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