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Asian markets fell for a third consecutive day as enthusiasm from recent U.S. trade deals with the EU and Japan began to wane. The MSCI Asia-Pacific Index dropped 0.8%, led by losses in Hong Kong, while Japan's Topix also slipped.

Global stock markets extended gains following news of a trade agreement between the European Union and U.S. President Donald Trump. S&P 500 futures rose 0.5% after a record close on Friday, while European stock futures gained 1.1%.

President Trump told reporters during his tour of the Fed that there is “no tension” with Fed Chair Powell and that it is not necessary to fire him.