SINGAPORE — Shares in Asia-Pacific rose in Monday morning trade as investors looked ahead to Chinese trade data for May.
In Australia, the S&P/ASX 200 climbed 0.17%.
MSCI’s broadest index of Asia-Pacific stocks outside Japan traded 0.26% higher.
Looking ahead, China’s trade data for May is expected to be out at 11:00 a.m. HK/SIN on Monday.
In other developments, finance ministers from the Group of Seven over the weekend backed a U.S. proposal that calls for firms globally to pay at least 15% tax on earnings.
Markets in Malaysia and New Zealand are closed on Monday for holidays.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.139 following a recent decline from above 90.4.
The Japanese yen traded at 109.51 per dollar, after strengthening late last week from above 110.1 against the greenback. The Australian dollar changed hands at $0.7747, after climbing from levels below $0.768 late last week.
Here’s a look at what’s on tap:
- China: Trade data for May at 11:00 a.m. HK/SIN