FX.co ★ Australian Shares Open the Week in Green

The S&P/ASX 200 index experienced a 0.3% increase, reaching 8,696 on Monday, as investors showed renewed confidence after last week's downturn. This uptick comes on the heels of newly signed trade agreements between the United States and the European Union. Announced at the US president's Scottish golf course, these agreements introduce a 15% tariff on European products and include EU commitments to boost purchases of American energy and defense equipment. Contributing further to market optimism were indications that the US and China might extend their tariff truce by an additional three months. This news coincides with the third round of trade negotiations, which are scheduled to commence later today in Stockholm. In Australia, focus is shifting towards the forthcoming release of monthly and quarterly inflation figures expected later in the week. Standouts among individual stocks included Newmont Corporation, which rose by 4.6%, followed by Block Inc. with a 2.2% gain, ResMed at 1.7%, and Goodman Group increasing by 1.2%.