Asian markets experienced a mixed performance on Monday, influenced by a combination of factors, including China's stimulus measures, geopolitical tensions, and the upcoming U.S. presidential election.

While initial optimism surrounding Beijing's stimulus plans faded, China's decision to cut interest rates had little impact on market sentiment. However, the Beijing Stock Exchange's announcement to support tech firms boosted its index by 14%.

Hong Kong markets, however, struggled, dragging down the broader Asia-Pacific index. Japan's Nikkei index saw a modest gain, reflecting the overall mixed sentiment.

In Europe, stock futures indicated a cautious opening, mirroring the uncertainty in the global markets. The U.S. presidential election, with the potential for a Donald Trump victory, is a significant factor influencing investor sentiment. Trump's policies could have inflationary implications, benefiting the dollar and weighing on bonds. Additionally, his support for cryptocurrencies has contributed to Bitcoin's recent surge.

Bitcoin reached a new three-month high, driven by the growing uncertainty and the potential for a Trump victory. The U.S. dollar also strengthened against a basket of currencies, reflecting the market's anticipation of potential inflationary pressures.

Gold prices continued their upward trend, reaching a record high. The precious metal has been favored by investors seeking a safe haven amid geopolitical tensions and concerns about the U.S. dollar.

Oil prices, after a significant drop last week, attempted to recover but faced challenges due to the ongoing uncertainty in the global markets.