· European stocks closed higher on Friday on the back of China-U.S. trade talks.
The pan-European Stoxx 600 ended provisionally up by 1.42 percent with clear gains in basic resources and autos on the back of optimism regarding U.S.-China trade talks.
A fresh round of long-term loans from the European Central Bank to euro zone banks is being discussed, ECB board member Benoit Coeure said in New York on Friday.
Coeure added that the euro zone's recent economic slowdown is more pronounced than previously expected. His comments prompted the euro to slide to slide in value versus the dollar.
· Stocks surged on Friday amid increasing hopes for a U.S.-China trade deal as equities posted another solid weekly gain.
The Dow Jones Industrial Average jumped 443.86 points to 25,883.25 as J.P. Morgan Chase and Goldman Sachs outperformed. The S&P 500 gained 1.1 percent to close at 2,775.60, led by the energy and industrials sectors. The Nasdaq Composite advanced 0.6 percent to end the day at 7,472.41.
· Asia markets saw gains on Monday morning, with trade talks between the U.S. and China set to continue in Washington this week after high-level meetings in Beijing concluded on Friday.
Japan's Nikkei 225 jumped 1.56 percent in early trade, while the Topix also advanced 1.50 percent. Shares of Fast Retailing, the company behind the Uniqlo chain of apparel stores, gained more than 1.8 percent
Reference: CNBC
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