OilReporting

Asia Markets Higher on Monday Open Whilst Crude Prices Stay Flat

ASX:XJO   Indice S&P/ASX 200
Headlines:

- Crude finishes the Asian session flat as markets seemed to steer clear of negative news over the weekend.

- Asian equity markets took much of the spotlight during the session as ASX200 finished up +0.85% as well as the Nikkei225 up +0.73% with Industrials and Minerals leading the chart in Australia.

- During the Asian saw China post Trade Balance data which beat market expectations slightly showing slight increase in strength in the Chinese economy even after a lower quarter of exports to the United States during this period. Expected number of 315billion was below expectations which came out at 329B.

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