Asian stocks rallied on Monday as investors evaluated last week's significant earnings reports, emphasizing considerable investments in artificial intelligence. Meanwhile, the dollar maintained strength, buoyed by hawkish sentiments from Federal Reserve policymakers, further propelling market dynamics.

Despite a fall in gold prices from last month's record highs, oil prices saw an uptick after OPEC+ decided against increasing production in early 2024, alleviating fears of an oversupply. Market participants continue to ponder last week's pivotal developments, including central bank meetings and the tenuous U.S.-China trade truce agreement.

While Asian markets showed resilience, U.S. Federal Reserve officials expressed mixed views on future rate cuts, contributing to the dollar's firmness.

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