Asian markets opened in green on Monday, following a rally
on Wall Street last week as investors continue to look out for comments from
central bankers on the trajectory of US monetary policy.
Major US indices ended last week with gains of more than 3 percent. The Dow Jones Industrial Average closed 91 points, or 0.51 percent, higher at 17,824, the S&P 500 ended 8 points, or 0.38 percent, up at 2,089, while the Nasdaq was 31 points, or 0.62 percent, higher to finish at 5,105.
Major US indices ended last week with gains of more than 3 percent. The Dow Jones Industrial Average closed 91 points, or 0.51 percent, higher at 17,824, the S&P 500 ended 8 points, or 0.38 percent, up at 2,089, while the Nasdaq was 31 points, or 0.62 percent, higher to finish at 5,105.
On the earnings front, Ali Health, an unit of Chinese
e-commerce giant Alibaba, is expected to announce its quarterly result in Hong
Kong, along with China Resources & Transportation Group and Bauhaus
Holding.
Investors are also focused on October CPI numbers, the most
common measure of inflation, from Singapore and Hong Kong, while a slew of data
including the jobless rate, industrial output, and unemployment report are
expected out of Taiwan.
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