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Stocks in Asia looked set to start mixed Monday following the worst week for global equities since mid-December.

Futures indicated Japan could eke out small gains when trading begins, while equities dropped at the open in Australia. Ten-year Treasury yields will begin the week near the lowest level in two months. Federal Reserve Chairman Jerome Powell reiterated he is in no hurry to change interest rates. The S&P 500 Index dipped on Friday and the dollar weakened after a report showed American hiring was the weakest in more than a year while wage gains were the fastest of the expansion. The pound edged lower as another key Brexit vote looms in parliament, on Prime Minister Theresa May’s revised deal.

Investors are adopting a cautious stance after a strong start to the year for risk assets amid signs of struggling global growth. Citigroup Inc.’s global economic surprise index fell to its weakest since 2013 and the European Central Bank’s fresh injection of stimulus showed the extent of its concern on the regional slowdown. Next up will be a slew of data from China this week that could give fresh clues on the impact of its easing policy after weak credit data. The Bank of Japan will also meet to set policy.

On the trade front, China and the U.S. are in general agreement on many crucial issues and have held meaningful discussions on foreign exchange, People’s Bank of China Governor Yi Gang said.

“You’re seeing PMIs come down around the world, you’re seeing a lot of economic surprise indices showing that global growth is slowing,” Kevin Nicholson, chief market strategist at Riverfront Investment Group, told Bloomberg TV from Richmond, Virginia. “If we see a trade deal done and you see China stimulus start to come through, then a lot of these things will start to turn around.”

The pound was lower at the start of what could be a key week for the future of Britain within Europe. May’s so-called meaningful vote on Tuesday is intended to be held after the government had secured further concessions from the EU on the issue of the Irish backstop. Those talks have failed to make much progress.

Elsewhere, Hong Kong faces the likelihood of rising borrowing costs after the city’s de facto central bank intervened to defend its currency peg for the first time since August. The Hong Kong Monetary Authority bought HK$1.51 billion ($192 million) of local dollars during London and New York trading hours after the currency fell to the weak end of its trading band, it said in a statement Saturday.

Boeing Co. shares will be closely watched after the Sunday crash of one its 737 Max, operated by Ethiopian Airlines, rattled confidence in the U.S. manufacturer’s best-selling jet with the second deadly accident for the model in five months.

Here are some key events coming up:

These are the latest moves in markets:

Stocks

• Australia’s S&P/ASX 200 Index dropped 0.2 percent.
• Futures on Japan’s Nikkei 225 rose 0.5 percent late Friday.
• Hang Seng Index futures dipped 0.4 percent.
• Futures on the S&P 500 Index were flat. The underlying gauge fell 0.2 percent Friday.

Currencies

• The yen held at 111.12 per dollar.
• The offshore yuan was flat at 6.7344 per dollar.
• The Bloomberg Dollar Spot Index was flat after slipping 0.3 percent on Friday.
• The euro held at $1.1236.
• The British pound fell 0.2 percent to $1.2987.

Bonds

• The yield on 10-year Treasuries closed at 2.63 percent Friday.

Commodities

• West Texas Intermediate crude added 0.2 percent to $56.17 a barrel.
• Gold lost 0.1 percent to $1,297.09 an ounce.

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