Euro-area government bond yields opened slightly lower on Monday but remain fragile as crude prices stay elevated and sovereign supply ramps up this week. Belgium auctions on Monday; Netherlands and Italy on Tuesday; Germany on Wednesday; Spain and France on Thursday. Elevated oil raises the odds of further ECB rate hikes. Deutsche Bank rates strategist Rainer Guntmann said the oil rebound, ECB President LAGARDE’s remarks, this week’s economic data and heavy issuance could amplify market unease.

Aojiahua, a global leader in health massage devices that posted four consecutive daily limit-ups last week, opened up 9.6% to 9.13 yuan/share but plunged to 7.82 yuan/share by 09:35, down about 6.12%, with turnover around 13.49%. In response to investor inquiries, company staff said recent trading has been driven by speculative concepts, fundamentals have not materially improved, and short-term prospects — including robot-related initiatives and other areas — remain highly uncertain; they warned investors to watch risks.

Saudi foreign minister will arrive in Washington on Monday to meet Marco Rubio to discuss bilateral ties and key regional and international issues, media report. The visit comes as hostilities between Saudi forces and Yemen’s Iran-backed Houthi movement intensify. Earlier media reports said the Saudi crown prince sought U.S. military help this month to strike Houthi targets; Washington declined to conduct airstrikes but agreed to provide intelligence and targeting support.