Global Equities Rallies Despite Spiked Volatility

Asian markets mostly rallied after coming back from holiday on Friday, setting a positive tone for the upcoming week.

The HSI, KOSPI, SET and TOPIX inched up by 3.24%, 1.57%, 0.31% and 0.55% respectively.

U.S. futures S&P 500 and Nasdaq inched up by 0.23% and 0.82% respectively.

Crude oil futures made new highs this year with Brent futures up by 1.46% at $92.42 per barrel while WTI futures are up by 1.61% to $91.71 per barrel.