Asia is set to open modestly higher on Monday as several major markets are closed for much of the week.
Nikkei futures pointed to a higher open in Japan, with Chicago futures trading at 20,435 and Osaka futures at 20,360. The benchmark index last closed at 20,356.28.
In Australia, the ASX 200 open up 0.1 percent at 5,686.90. Major banking shares climbed in early trade, with ANZ up 0.4 percent, Commonwealth Bank higher by 0.72 percent, Westpac up 0.66 percent and the National Australia Bank advancing 0.25 percent.
Markets in China are closed for mid-Autumn festival and national day, while the South Korean market is also closed for a designated “temporary holiday.”
Stateside, questions about the future of Federal Reserve Chair Janet Yellen led to some market moves on Friday. That followed a report that President Donald Trump met with former Fed governor and former Morgan Stanley executive Kevin Warsh, who was previously rumored to be a contender for the central bank’s top post.
In the foreign exchange market, the dollar index, which measures the greenback against a basket of currencies, traded at 93.106. Meanwhile, the Japanese yen was at 112.63 per dollar, and the Australian dollar was at $0.7844.
