FYI: U.S. stocks were set to open slightly higher Monday morning.
At around 04:42 a.m. ET, Dow futures rose 36 points, indicating a positive open of more than 43 points. Futures on the S&P and Nasdaq were both also marginally higher.
.Government bond yields rise
• Global stocks edge higher
• British pound weakens
Global markets edged up Monday after China late Friday undertook stimulus measures as data showed its economy has been pressured by trade tensions with the U.S.
China’s central bank cut lenders’ reserve requirement ratios, a move that could free up 900 billion yuan ($126 billion) to finance projects that might spur construction and sustain employment.
The gains in mainland Chinese stocks were capped, however, as the weak trade data offset the stimulus measures. The Shanghai Composite Index stood 0.8% higher by midafternoon.
Elsewhere in the region, Japan’s Nikkei 225 rose about 0.5%, while Hong Kong’s Hang Seng Index and Australia’s S&P/ASX 200 were little changed.
In Europe, stocks posted mild gains, with the Stoxx Europe 600 up 0.1% in opening trade. Germany’s DAX rose 0.3%, and the U.K.’s FTSE 100 gained 0.5%.
The rises came after U.S. stocks Friday also posted small gains following a weaker-than-expected jobs report that lifted investor hopes for an interest-rate cut from the Federal Reserve.
Data released at the weekend showed that Chinese imports fell for a fourth- straight month in August, as a drop-off in exports to the U.S. steepened, highlighting the impact of the two countries’ prolonged trade spat.
The yield on 10-year U.S. Treasurys rose to 1.582%, from 1.552% on Friday. Yields rise when prices fall.
European government bond yields rose across the board. The Italian 10-year yield rose to 0.908% from 0.885% Friday. The German 10-year bund was yielding minus 0.616%, up from minus 0.634% before the weekend.
In currencies, the British pound was down 0.3% against the U.S. dollar at $1.2245. The pound last week fell briefly below $1.20 amid U.K. political turbulence, before recovering slightly amid signs that a no-deal Brexit would be avoided.
In commodities, Brent crude oil rose 0.9% to $62.06 a barrel after Saudi crown prince Mohammed bin Salman appointed Prince Abdulaziz bin Salman, an experienced oil official and son of the country’s king, as head of the powerful energy ministry. Prince Abdulaziz is expected to continue OPEC’s efforts to bolster energy prices by cutting production.
Regards,
Ted
WSJ:
https://www.wsj.com/articles/global-stocks-tick-higher-on-china-stimulus-11568016549Bloomberg:
https://www.bloomberg.com/news/articles/2019-09-08/asian-stocks-set-for-muted-start-to-the-week-markets-wrap?srnd=premiumIBD:
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-apple-iphone-event-apple-stock-market-rally-microsoft/CNBC::
https://www.cnbc.com/2019/09/09/dow-futures-move-higher-investors-wake-to-new-chinese-exports-data.htmlReuters:
https://uk.reuters.com/article/uk-europe-view-monday/daily-briefing-the-good-news-is-weve-had-bad-news-idUKKCN1VU0LKU.K.
https://uk.reuters.com/article/uk-britain-stocks/oil-majors-stimulus-bets-support-ftse-100-idUKKCN1VU0KUEurope:
https://www.reuters.com/article/us-europe-stocks/european-shares-inch-up-on-strong-german-data-stimulus-hopes-idUSKCN1VU0L6Asia:
https://www.marketwatch.com/story/asian-markets-gain-on-trade-hopes-after-data-shows-chinas-exports-slump-2019-09-08/printBonds:
https://www.cnbc.com/2019/09/06/treasury-yields-tick-higher-ahead-of-us-jobs-data.htmlCurrencies:
https://www.cnbc.com/2019/09/06/forex-markets-us-economic-data-in-focus.htmlOil:
https://www.cnbc.com/2019/09/09/oil-markets-saudi-arabia-in-focus.htmlGold:
https://www.cnbc.com/2019/09/09/gold-markets-monetary-policy-in-focus.htmlCuirrent Futures:
https://finviz.com/futures.ashx 
