A Japanese flag flies near a cargo container at Tokyo’s Odaiba Waterfront on August 6, 2020.
BEHROUZ MEHRI | Contributor | Getty Images
Asia-Pacific markets are set to open higher on Tuesday, following gains on Wall Street that saw the Dow Jones Industrial Average hit a record close amid a strong start to the earnings season.
Investors in Asia will be evaluating trade data out of Japan and jobs numbers out of Australia are set for release later in the day.
Japan Nikkei 225 futures pointed to a higher open for the market, with the futures contract in Chicago at 39,570 and its counterpart in Osaka at 39,470 compared to the previous benchmark close of 39,180.3.
Japan’s exports are expected to grow 0.5% year-on-year for September, down from a revised 5.6% rate in August, according to economists polled by Reuters. Meanwhile, imports are expected to grow 3.2% in September compared to 2.3% the previous month.
Australia’s S&P/ASX 200 rose 0.88% in early trade.
Australia’s unemployment rate for the month of September is expected to remain unchanged from August at 4.2%.
Hong Kong Hang Seng Index futures are at 20,482, higher than HSI’s last close of 20,286.85.
Overnight in the US, the Dow Jones gained 337.28 points, or 0.79%, to end at 43,077.70.
The S&P 500 added 0.47% to 5,842.47, while the Nasdaq Composite gained 0.28% to close at 18,367.08.
— CNBC’s Lisa Kailai Han and Jesse Pound contributed to this report.
