After a volatile week, Asia-Pacific markets open higher, with India's inflation and industrial data in focus.
- On Monday, Asia-Pacific markets rose, rebounding from a tumultuous week marked by significant declines and subsequent gains, particularly in Japanese equities.
- India's inflation and industrial output data will be evaluated by traders.
On Monday, Asia-Pacific markets rose, rebounding from a tumultuous week marked by significant declines and subsequent gains, particularly in Japanese equities.
Investors awaited key inflation data, which caused futures for benchmark U.S. indexes to be lower. Despite this, major Wall Street averages rose Friday and made a sharp recovery from last week's volatile market rout.
On Friday, the Dow dropped 0.6%, the S&P 500 fell 0.04%, and the Nasdaq Composite experienced a 0.18% decline.
Traders in Asia will evaluate inflation and industrial production figures from India on Monday.
Reuters polled economists who predict India's CPI inflation will decrease to 3.65% in July, down from 5.08% in June.
The anticipated industrial output for India in June is predicted to be 5.5%, which is a slight decrease from the 5.9% recorded in May.
Australia's S&P/ASX 200 opened 0.75% higher.
The Kospi and Kosdaq indices in South Korea both experienced growth, with the Kospi increasing by 1.20% and the Kosdaq rising by 1.42%.
The HSI's last close of 17,090.23 was slightly higher than Hong Kong futures at 17,062.
Japan markets were closed for a holiday.
—CNBC's Tanaya Macheel contributed to this report.
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