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A money lender counts Indian rupee notes in his shop in Ahmedabad, India.
Amit Dave | Reuters
Asia-Pacific stocks mostly rose on Monday after a roller-coaster week of volatility, with a sharp sell-off followed by a sharp rebound, especially in Japan.
U.S. benchmark stock futures were lower as investors awaited key inflation data due later this week. Wall Street’s main indexes rose on Friday, with the indexes moving from Last week’s market crash.
this Dow The stock closed down 0.6% on Friday. S&P 500 Technology stocks fell slightly by 0.04%. Nasdaq Composite Index It ended up down 0.18%.
In Asia, traders will assess India’s inflation and industrial output data on Monday.
Economists polled by Reuters expect India’s year-on-year CPI inflation to fall sharply to 3.65% in July from 5.08% in the previous month.
Meanwhile, India’s industrial output is expected to have risen by 5.5% in June, slightly lower than 5.9% in May.
Australia S&P/ASX 200 Up 0.58%.
South Korea Kospi and its small-cap Kosdaq both rose 1%.
China’s CSI 300 index was flat, while Hong Kong’s Hang Seng Index It fell 0.2% in early trading.
Japanese markets were closed for a holiday.
—CNBC’s Tanaya Macheel contributed to this report.
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