Over in Asia, futures suggested Japanese markets would extend gains seen in the last session at the open. Nikkei futures traded in Chicago were up 0.65 percent at 22,035 compared to the benchmark’s previous close. Osaka futures were higher by 0.44 percent.

Down Under, the S&P/ASX 200 edged up 0.29 percent in early trade. The heavily weighted financials sector rose 0.51 percent, making it one of the best-performing sectors in the early going. The materials sub-index advanced 0.59 percent.

On the earnings front, Hong Kong’s CLP and Hutchison Telecommunications are among the regional corporates expected to report on Monday.

In currencies, the dollar index, which tracks the greenback against a basket of six currencies, stood at 89.883. Against the yen, the dollar firmed to trade at 107.10.

On the commodities front, oil prices touched two-week highs in the previous session. U.S. crude futures added 78 cents to settle at $63.55 per barrel and Brent crude futures tacked on 92 cents to settle at $67.31.

Source

NO COMMENTS