• Asian markets are set for a mostly positive open, w/ technology companies particularly in focus, following a rally in US markets after an inflation reading eased concerns of a more hawkish Federal Reserve.
  • Equity futures in Australia, South Korea and China point to early gains, while those in Hong Kong slipped. US contracts nudged higher after the S&P 500 rose 1% on Friday. Japan’s markets are shut for a holiday while yen traders remain alert to efforts to support the currency that’s at its weakest in more than three decades.
  • The rally in tech shares has helped trim the drop in global stocks this month to 2.7%, the first monthly loss since October, amid concerns over lingering inflation pressures and conflict in the Middle East.