View of the Central Business District skyline at dusk in Beijing, China.
Shen Peng | Visual China Group | Getty Images
Asia-Pacific markets rose on Monday as investors awaited China’s Third Central Committee Meeting and also assessed a possible assassination attempt on former US President Donald Trump at a weekend rally.
Quantum Strategies president David Roche said in a Sunday memo that the odds of Republicans winning both the House and the Senate have increased, leading to Trump’s victory in the presidential election.
Meanwhile, China’s top leaders are due to meet this week for a highly anticipated meeting known as the Third Plenum, which analysts expect will focus on areas such as high local government debt and the promotion of advanced manufacturing, rather than the country’s property sector.
Key economic data from China is due to be released on Monday, including second-quarter GDP. A Reuters survey of economists shows the economy is expected to grow 5.1 percent year-on-year, up from 5.3 percent in the first quarter.
Japanese markets are closed for a public holiday.
Korean Cospi It rose 0.44%, while the small-cap Kosdaq added 0.22%.
Australia’s S&P/ASX 200 rose 0.78%, marking a third consecutive day of gains and hitting a new all-time high.
Hong Kong Hang Seng Index Futures were at 18,265, below the HSI’s last close of 18,293.38.
U.S. market futures were up slightly late on Sunday, with those tracking the Dow Jones Industrial Average up 0.11%, while the S&P 500 and Nasdaq were up about 0.1%.
—CNBC’s Yun Li contributed to this report.
