Asian markets open higher

Asian markets gained on Monday as investors anticipated clues on the direction of monetary policy from central banks later in the week.

South Korea's benchmark Kospi index rose 0.93%, with technology stocks driving broader gains on the index: Samsung Electronics was up 2.1% and SK Hynix rose 3.11%. Automakers and manufacturing stocks were mixed.

Down Under, the S&P/ASX 200 tacked on 0.58%. The heavily-weighted financials sub-index was up 0.99%. The energy and industrials sub-indexes made moderate gains.

Greater China markets were also positive. The Hang Seng Index rose 0.85%. On the mainland, the Shanghai Composite rose 0.25% and the Shenzhen Composite added 0.244%.
 
The dollar index, which tracks the greenback against a basket of rival currencies, was mostly flat at 91.893 at 9:55 a.m. HK/SIN. The US currency firmed against the yen to trade at 111.19, above the 110-handle seen for most of last week.

 
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