Th euro soared after highly awaited speeches from top central bankers Friday while oil markets are expected to digest the impact of Hurricane Harvey during Monday’s Asian trading day.

While Federal Reserve Chair Janet Yellen did not provide any clues on monetary policy outlook in her speech at a central banking meeting in Jackson Hole, she argued that reforms implemented post-financial crisis have “made the system safer.” Some market watchers regarded Yellen’s comments as being directed at President Donald Trump and his administration.

Like Yellen, European Central Bank President Mario Draghi stayed mum on the future of monetary policy in the euro zone in his Friday speech. However, the ECB chief’s lack of comment on the strength of the euro gave a boost to the common currency. The euro reached its highest levels since January 2015 following Draghi’s speech, extending gains to fetch $1.1954 at 6:56 a.m. HK/SIN.

Following the speeches, the dollar index, which tracks the dollar against a basket of currencies, fell to a low of 92.424 on Friday after trading as high as 93.440. It stood at 92.374 at 6:40 a.m. HK/SIN. The greenback last fetched 109.27 yen, a tad below levels around 109.36 seen in the previous session.

Back in Asia, futures implied a mostly unchanged open for equities in Japan. Nikkei futures traded in Chicago were off 0.06 percent 19440 while Osaka futures were higher by 0.09 percent at 19,470. The Nikkei 225 last closed at 19,452.61.

Down Under, SPI futures were down 0.49 percent at 5,716 compared to the benchmark index’s previous close of 5,743.861.

Philippine markets are closed for a public holiday.

Stateside, equities closed mostly higher on Friday on renewed investor expectations for proposed tax reforms. The Dow Jones industrial average rose 0.14 percent, or 30.27 points, to close at 21,813.67 and the S&P 500 tacked on 0.17 percent, or 4.08 points, to end at 2,443.05. The tech-heavy Nasdaq slipped 0.09 percent, or 5.68 points, to finish the session at 6,265.64.

Energy markets are expected to digest the impact of Hurricane Harvey on the U.S. Gulf Coast. Shell and Petrobras are among the companies that have closed their refineries in the Houston area due to “severe weather,” including heavy rainfall and flooding.

Oil had gained around 0.9 percent on Friday ahead of Harvey making landfall. Brent crude settled higher by 37 cents at $52.41 a barrel and U.S. crude settled up 44 cents at $47.87.

Little is expected on the economic calendar on Monday (all times in HK/SIN):

• 10:00 a.m.: Vietnam August retail sales and trade data