Asian shares rose after a positive close on Wall Street on Friday, while the euro advanced as investors expected the European Central Bank to toe the Fed line on interest-rate hikes.
Japanese and Australian equities gained 1% and US futures advanced after the S&P 500 and Nasdaq 100 snapped three-week losing streaks on Friday. Markets in China, Hong Kong and South Korea are closed for holidays.
At 6:30 am, the Singapore-traded SGX Nifty–an early barometer of India’s benchmark Nifty 50–traded 0.16% higher at 17,870.50 points.
West Texas Intermediate crude slipped 0.9% to $86.02 a barrel.