SINGAPORE — Stocks in Asia-Pacific rose in Tuesday morning trade as markets in mainland China remain closed for the Lunar New Year holiday.
In Japan, the Nikkei 225 advanced 0.74% in early trade while the Topix index gained 0.43%. South Korea’s Kospi edged 0.52% higher.
Stocks in Australia also rose, with the S&P/ASX 200 up 0.46%.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.1% higher.
Minutes from the Reserve Bank of Australia’s February monetary policy meeting are expected to be out at around 8:30 a.m. HK/SIN on Tuesday.
Markets stateside were closed on Monday for a holiday.
The Japanese yen traded at 105.37 per dollar after weakening yesterday from levels below 105.2 against the greenback. The Australian dollar changed hands at $0.7785, still higher than levels below $0.772 seen last week.
Here’s a look at what’s on tap:
- Australia: Minutes form the Reserve Bank of Australia’s February monetary policy meeting at 8:30 a.m. HK/SIN