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Gold contracts trading on Comex head higher Monday, shaking off a surge in government bond yields and leading some dealers to suggest that beaten-down bullion may be drawing safe-haven-like demand as investors appear momentarily rattled by the rise in borrowing costs across the globe.

Oil futures trade higher Monday, resuming a push higher as traders look for a slow recovery in output following winter storms that knocked U.S. producers and refineries offline.

U.K. Prime Minister Boris Johnson is expected to detail in Parliament the path to gradually lift COVID-19 pandemic-related restrictions in England.

U.S. Treasury yields rose sharply Monday morning, kicking off the week as investor jitters in bond markets appeared to spill over into more pessimism into broader risk assets.

The U.S. plane maker Boeing said it supported decisions by airline regulators in Japan and the U.S. to suspend operations of 128 of its 777 aircrafts powered by Pratt & Whitney 4000-112 engines.

This can happen even though many Americans may not be vaccinated by the end of summer.