Asian equities advanced this morning while bonds declined. Some markets reopened after the Lunar New Year holiday while Chinese equities continue to remain closed.

Benchmarks in Japan, Australia and South Korea saw modest gains. Futures on the Dow Jones are trading 210 points higher.

An Arctic blast in the U.S. threatened to disrupt energy supplies, sending oil prices to their highest in 13 months.

The U.S. Dollar was little changed while yields climbed.

The Singapore-traded SGX Nifty, an early indicator of the Nifty 50 Index’s performance in India, was little changed at 15,354 as of 7:05 a.m.

Let’s take a look at the factors that may influence equities in today’s session:

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