Reserve Bank of India says the committee will meet at least once a quarter.

China A-shares opened higher then swung; the Shanghai Composite tested the 3,600 level intraday before recovering and was down 0.1% at the midday close. Shenzhen Composite Index rose 0.14% and the ChiNext Index, which earlier gained more than 1%, closed up 0.1%. Turnover across the two exchanges exceeded 900 bln yuan and more than 3,700 stocks fell. Film chains and cultural-media names extended gains; robotics and grain-related stocks were active. Precious metals pulled back after earlier strength, dairy stocks retreated sharply, property underperformed, and dyes and livestock led declines.

U.S. President Trump says the U.S. will soon reach a deal with Canada and is close to finalizing a fertilizer agreement with Canada.