Asian equities were mostly higher overnight as Vietnam and Indonesia outperformed while Japan and India underperformed. Hong Kong and Mainland China were both higher overnight on high volumes as health care stocks outperformed,

"The biggest piece in the trade deal puzzle still remains, and the Chinese are unlikely to be as willing to fold."

Live Updates Live Coverage Updates appear automatically as they are published. GE Vernova Downgraded 9:35 am In less happy news, Guggenheim analyst Joseph Osha downgraded GE Vernova (NYSE: GEV) to neutral today,

China has slowed or halted purchases of a slew of US energy and farm goods in 2025, but shipments could soar again after a US-China trade deal.

Gold prices steadied on Monday, with gains curbed by improved risk sentiment following a trade deal between the United States and the European Union, while investors looked forward to the U.S. Federal Reserve's policy meeting later this week.

The Stockholm meeting — following similar talks in Geneva and London in recent months — is set to extend a 90-day pause on those tariffs. During the pause, U.S. tariffs were lowered to 30% on Chinese goods, and China set a 10% tariff on U.S. products.

Fresh off his announcement of securing a trade deal with the European Union, President Donald Trump hopes he can do the same with China.

Gold fell to a near three-week low on Monday as a U.S.-European Union trade accord lifted the dollar and risk sentiment, while investors awaited fresh cues on rate policy from this week's Federal Reserve meeting.