Saudi Arabia's CMA approved rules reforming IPO procedures.

A Monday report, Ukraine Economic Insights, says intensified Russian air, missile and drone strikes have further damaged Ukraine’s economy and are increasing reliance on foreign aid. The report warns Ukraine is unlikely to collapse immediately but sustaining the war through 2027 will increasingly depend on timely, reliable and sufficient Western funding. Russian forces have shifted strikes toward commercial infrastructure, targeting energy facilities and civilian transport networks; the report says this tactic is expected to push Ukraine into recession this year. The National Bank of Ukraine last week cut its 2026 GDP forecast to a 0.4% contraction from a prior 1.8% expansion — the first wartime GDP decline since the more-than-30% collapse in 2022.

Shanghai Gold Exchange Gold T+D fell 2.62% in early trade on Monday to 835.31 yuan/gram; Silver T+D dropped 3.7% to 11,754 yuan/kg.