Couple looks astatine light-emitting diode illuminations up of Christmas successful Tokyo, Japan
Kiyoshi Ota | Bloomberg | Getty Images
Asia-Pacific markets were acceptable to commencement the holiday-shortened Christmas week connected a affirmative note, aft a U.S. authorities shutdown was averted implicit the weekend.
On Monday, investors volition beryllium looking retired for immoderate authoritative announcement related to the merger of Japanese automakers Honda Motor and Nissan Motor. Japanese media outlet Jiji Press has reported that the announcement could travel arsenic aboriginal arsenic Monday.
This comes aft Nissan shares saw a grounds surge past Wednesday, pursuing a media report that the struggling Japanese automaker was looking to merge with Honda.
Japan's Nikkei 225 is acceptable to rise, with the futures declaration successful Chicago astatine 39,155 and its counterpart successful Osaka astatine 39,070 against the index's past adjacent of 38,701.9.
Futures for Hong Kong's Hang Seng index stood astatine 19,886, pointing to a stronger unfastened compared to the HSI's adjacent of 19,720.7.
Australia's S&P/ASX 200 started the time up 0.62%.
Last Friday successful the U.S., each 3 large indexes climbed, helped by cooler-than-expected ostentation data.
The Dow Jones Industrial Average gained 1.18%, portion the S&P 500 added 1.09% and the tech-heavy Nasdaq Composite advanced 1.03%.
The personal depletion expenditures terms index, the Fed's preferred ostentation gauge, accelerated to 2.4% successful November from 2.3% the erstwhile month, but was inactive little than the 2.5% estimation from Dow Jones.
Excluding nutrient and energy, halfway PCE roseate 2.8% from a twelvemonth ago, somewhat beneath expectations of 2.9%.
— CNBC's Brian Evans, Sean Conlon and Jeff Cox contributed to this report.
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