This is CNBC’s live blog covering Asia-Pacific markets.
Asia-Pacific markets are set to start the day mixed Monday, with investors awaiting more details of the trade talks between the U.S. and China, which kick off in Stockholm later in the day.
The talks will be led by U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng. Bessent said on Fox Business that he expects a trade-truce extension during the negotiations, which he said will include a broader range of topics, including Beijing’s oil purchases from Russia and Iran.
The U.S.-China talks follow U.S. President Donald Trump’s announcement that the U.S. has reached an agreement with the European Union on Sunday stateside.
The president had previously threatened 30% tariffs on most imported goods from the U.S.’s largest trading partner.
