Asian markets ended mostly higher on Monday

Asian markets ended mostly higher on Monday, though some of the markets were closed for Easter Monday holiday. Stock markets in China, Taiwan and Hong Kong were closed today. Sentiments soared with the unexpectedly strong job and manufacturing data from US, pointing for a faster global economic recovery. Rise in bond yields also triggered positive economic outlook. Crude oil rates fell after OPEC+ agreed last week to gradually ease some of its production cuts between May and July. Banking and financial sectors stocks were the major gainers in the session. Japan's Nikkei finished higher for the third session in a row, with a weaker yen lifting more exports and on optimism over economic recovery with the US president Joe Biden's $2 trillion infrastructure and economic recovery plans. However some of the gains were capped as Japan's service activity dipped for the month of March.