Asian markets moved mostly higher on Monday amidst holidays in several countries, including China, Hong Kong and South Korea. The Bank of Japan continuing with its ultra-loose monetary policy and maintaining the status quo on the yield curve control policy helped sentiment.
The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction after turning in a strong performance last week.
Asian markets gained on Wednesday amidst global bullish sentiment that followed renewed assurances from the U.S. government on support amidst the banking crisis.
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