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· European equities traded higher Monday morning ahead of a historic meeting between the U.S. President and the North Korean leader.
The pan-European Stoxx 600 was 0.4 percent higher with almost every sector in the black. The Italian index was the top performing market in Europe, up by more than 2 percent. There was strong demand for Italian banks with Unicredit and Banco Bpm higher by about 4 percent.
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· Asia stocks shook off initial modest losses and edged up on Monday ahead of an historic U.S.-North Korea summit that investors hope might pave the way to ending a nuclear stand-off on the Korean peninsula.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS slipped early but was last up 0.3 percent. Hong Kong's Hang Seng .HSI also gained 0.3percent while the Shanghai Composite Index .SSEC fell 0.5 percent.
· Japanese stocks rose on Monday but trading was thin as investors looked ahead to the looming the U.S.-North Korea summit, with traders ascribing part of the broader gains to buying in futures.
The Nikkei share average rose 0.5 percent to 22,804.04.
· Shanghai stocks closed lower for a third straight session on Monday, on investor concerns over the liquidity conditions in the market.
The Shanghai Composite Index touched its lowest level since last May before closing down 0.5 percent at 3,052.78 points, while the blue-chip CSI300 index was unchanged at 3,779.98 points.
Referenece: Reuters, CNBC
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