The dollar index held near 97.8 on Monday as markets braced for a key meeting in Washington between US President Donald Trump and Ukrainian President Volodymyr Zelenskyy, while also awaiting policy signals from the Federal Reserve’s Jackson Hole symposium later this week. 

Although those talks failed to deliver a ceasefire, Putin agreed to allow the US and Europe to provide Ukraine with firm security guarantees as part of a potential peace framework.

The 10-year US Treasury yield stayed above 4.3% on Monday after two straight sessions of gains. Investors are now focused on the Trump-Zelenskyy meeting and the upcoming Jackson Hole gathering, both seen as pivotal for market direction. 

In Japan, equities pushed to fresh records. The Nikkei 225 advanced 0.3% to top 43,500, while the Topix Index gained 0.5% to 3,122. Both benchmarks reached new all-time highs, supported by outperforming Q2 growth and solid corporate earnings. 

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