Global Financial News: Markets Remain on Edge Following Last Week's Global Cyber Attack

Here is your round-up of the financial news from around the world:

1. European stocks open higher Monday, following a solid Asia session, although markets remain on edge following last week's global cyber attack and ongoing tensions between the White House and the country's intelligence services

2. Britain's National Cyber Security Centre has warned that Friday's global cyber attack could spread "significantly" as computer systems and networks come online at the start of the working week

3. North Korea's weekend testing of a ballistic missile has also added to the market's nerves, taking gold prices higher and capping gains on regional equity markets and holding an otherwise solid advance for the MSCI Asia ex-Japan index to 0.1%

4. U.S. Treasuries remained firmly in favour, as well, with investors moving into safe-haven assets and extending Friday's rally, which followed softer-than-expected inflation and retail sales data, taking benchmark 10-year yields to 2.32%

5. Global oil prices extended last week's rally overnight after oil ministers from Russia and Saudi Arabia said the current OPEC pact, which has taken 1.8 million barrels from the market each day since the beginning of the year, is likely to be extended past its June deadline and into the first quarter of 2018

This article was written by a staff member of TheStreet.