Today's Morning Prep:

Asian stocks climbed with U.S. and European futures as traders reacted to the possibility President Donald Trump may be able to leave hospital as soon as Monday. The yen retreated and Treasuries were steady.

Shares jumped in Japan, Hong Kong, South Korea and Australia, where volumes were lower than normal because of a holiday. S&P 500 futures climbed after U.S. equities finished lower on Friday in a volatile day for global financial markets.

Crude oil pared some of Friday’s slump. The pound fluctuated following a weekend call between U.K. Prime Minister Boris Johnson and European Commission President Ursula von der Leyen on Brexit. The dollar slipped.

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FX Overnight News:

• The yen fell 0.3% to 105.57 per dollar.
• The euro rose 0.2% to $1.1735.
• The British pound was little changed at $1.2934.
• S&P 500 futures rose 0.7% as of 6:58 a.m. in London. The S&P 500 Index fell 1% Friday.
• Japan’s Topix Index rose 1.7%.
• Australia’s S&P/ASX 200 climbed 2.6%.
• South Korea’s Kospi rose 1.5%.
• Hang Seng Index rose 1.7%.
• Euro Stoxx 50 futures advanced 0.8%
• The yield on 10-year Treasuries was at 0.70%.
• West Texas Intermediate crude futures rose 2.7% to $38.06 a barrel after sinking 4.3% Friday.

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FX Daily Volatility:

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Today's Economic Calendar: