Shares were mostly higher in Asia on Monday after Wall Street closed out another bumpy week marked by uneasiness over the outlook for inflation and interest rates.
U.S. futures edged lower, while oil prices advanced. U.S. markets will be closed for a holiday Monday.
China left its benchmark lending rate, the loan prime rate, unchanged as expected. The 1-year rate was kept at 3.65% while the 5-year rate is 4.3%.
