Asian Markets Rise As China Data Provides Hope But Euro Struggles

The euro has come under pressure as a budget standoff in France -- the eurozone's second-biggest economy -- threatens to bring down the government (Credit: AFP)

Equities rose across Asia on Monday following another record day on Wall Street, with traders also cheered by data suggesting China's economic malaise is showing signs of easing.

The positive start to the week was not felt in the euro, however, as a budget standoff in France fuelled concerns about the fragile government of the eurozone's second-biggest economy.