"Marketmind: Asian Markets React to China News Flow and Wall Street Rally; Currencies Consolidate as Treasury Yields Rise"

Asian markets are expected to start the week strong following Wall Street's rally on Friday. China will be in the spotlight with a U.S.-Sino Presidential meeting, top-tier economic data, and corporate earnings releases. Financial conditions are easing, particularly in Japan, where conditions are the loosest in almost 34 years. However, economic activity in Japan is not meeting expectations. The Chinese news flow this week is significant, with a face-to-face meeting between U.S. President Joe Biden and Chinese President Xi Jinping, as well as key economic data releases and earnings reports from major Chinese companies. Chinese equities have seen modest gains but have yet to recover losses from October.