Asian Stocks Advance, Yen Weakens While Oil Slides: Markets Wrap Asian equities rose at the start of an important week for global monetary policy settings, with central banks in Japan, the U.S. and the U.K. all meeting. The yen weakened while oil extended its slide to a sixth day.Tokyo shares extended the biggest rally in a month while South Korean shares rose to the highest since May 2015. The euro built on gains from Friday, when European Central Bank policy makers were sai d to have considered their ability to raise rates before a bond-buying program comes to an end. Oil kept sliding below $50 as U.S. drillers continued to boost activity, countering OPEC’s efforts to drain a global glut. “There’s some initial upside from the jobs report but most people are waiting and watching to see what the central banks say later in the week,” said Andrew Sullivan, managing director for sales trading at Haitong International Securities Group Ltd. in Hong Kong.Global equities are tradi...
