India, Aug. 19 -- European stocks look set to open higher on Monday after reports that the U.S. may grant a 90-day extension to the license that has allowed Huawei to continue doing some business within the U.S. The planned extension was reported by Reuters on Friday.
Asian markets edged higher as U.S. Treasury yields bounced higher after plunging last week and the People's Bank of China said it would use market-based reform methods to help lower real lending rates and prop up a slowing economy.
Investors also cheered media reports suggesting that Germany's coalition government may be open to running a fiscal deficit to counter a possible recession.
Gold prices dipped on a stronger dollar ahead of Fed chair Jerome Powell's speech at the ...