The US and UK markets were closed on Monday. Together they accounted for almost two-thirds of the turnover in the foreign exchange market. The dollar was narrowly mixed against the majors. The dollar bloc and sterling ticked a little higher, and the euro and yen were a touch heavier. The illiquidity seemed to weigh on Norway the most as the krone slumped a little more than 0.5%. Among emerging markets, Latam’s Brazil, Mexico, and Chilean peso performed best, while the JP Morgan Emerging Market Currency Index rose by nearly 0.25%, its fifth gain in the past six sessions. Most Asia Pacific equities rallied, with 1%+ gains in Japan, Korea, and Australia. Europe’s Dow Jones Stoxx 600 snapped a two-day drop, and its nearly 1.5% advance brought to new highs for the month. US shares are trading firmer, and the S&P looks poised to challenge the 3000-mark tomorrow. Bond yields slipped in Europe, and premiums over Germany continued to narrow. Gold consolidated at lower levels, holding above $1720 but unable to rise much above $1735. Oil prices were firmer, recouping most of the pre-weekend loss. July crude was straddling $34 a barrel.