Asian stocks rose
on Monday, shaking off Wall Street's subdued performance on Friday, and
sterling was steady after a van rammed into worshippers leaving a
London mosque, killing at least one person, as markets braced for the
start of Brexit talks.
European
stock markets were set for a strong start to the week, with financial
spreadbetter CMC Markets expecting Britain's FTSE 100 to open 0.6
percent higher, France's CAC 40 to be up 0.3 percent and Germany's DAX
0.2 percent.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.7 percent.
Japan's Nikkei climbed 0.6 percent. Australian shares added 0.3 percent and South Korea's KOSPI rose 0.4 percent. Hong Kong's Hang Seng gained 0.9 percent.
Chinese blue-chip shares advanced 0.8 percent on signs tight liquidity conditions were easing. Data showing home prices rose 10.4 percent in May from a year ago, although slowing from April's 10.7 percent gain, helped boost real estate stocks.
On Friday, Wall Street ended mixed, with energy names offsetting declines in consumer stocks, which were clobbered by Amazon.com's $13.7 billion deal to buy upscale grocer Whole Foods Market.
The S&P 500 index closed flat, the Dow Jones Industrial Average ended up 0.1 percent and the Nasdaq lost 0.2 percent.
Europe had a more upbeat session on Friday, with British, German and French stocks, as well as the broader STOXX Europe 600, closing higher.
The British pound was flat at $1.2777 after a van rammed into worshippers as they were leaving a Finsbury Park mosque in North London early on Monday.
Brexit Secretary David Davis starts negotiations in Brussels on Monday, which will be followed by a Brussels summit on Thursday and Friday where May will encounter - but not negotiate with - fellow European Union leaders.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.7 percent.
Japan's Nikkei climbed 0.6 percent. Australian shares added 0.3 percent and South Korea's KOSPI rose 0.4 percent. Hong Kong's Hang Seng gained 0.9 percent.
Chinese blue-chip shares advanced 0.8 percent on signs tight liquidity conditions were easing. Data showing home prices rose 10.4 percent in May from a year ago, although slowing from April's 10.7 percent gain, helped boost real estate stocks.
On Friday, Wall Street ended mixed, with energy names offsetting declines in consumer stocks, which were clobbered by Amazon.com's $13.7 billion deal to buy upscale grocer Whole Foods Market.
The S&P 500 index closed flat, the Dow Jones Industrial Average ended up 0.1 percent and the Nasdaq lost 0.2 percent.
Europe had a more upbeat session on Friday, with British, German and French stocks, as well as the broader STOXX Europe 600, closing higher.
The British pound was flat at $1.2777 after a van rammed into worshippers as they were leaving a Finsbury Park mosque in North London early on Monday.
Brexit Secretary David Davis starts negotiations in Brussels on Monday, which will be followed by a Brussels summit on Thursday and Friday where May will encounter - but not negotiate with - fellow European Union leaders.
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