China’s consumption stimulus boosts Asia shares, Oil prices jump

Market Reactions to China's Economic Initiatives: Asia-Pacific markets rose on Monday following China's introduction of a targeted initiative to stimulate consumption, with positive industrial production and retail sales data contributing to investor optimism. Japan's indices reached their highest levels in over a week, while Hong Kong and India also saw gains amid the favorable economic outlook.

U.S. Market Sentiment and Upcoming Data: In the U.S., major stock indexes ended higher last Friday as concerns over a government shutdown eased, but futures fell on Monday as investors awaited new market catalysts. Attention is focused on upcoming retail sales data for insights into consumer spending trends and potential impacts on monetary policy.