Asian equities are expected to rise as trading begins on Monday, following a rebound in Wall Street. The recovery was driven by renewed interest in major technology stocks.
Shares in Australia and equity futures for Hong Kong, Taiwan, and Singapore showed positive movement, while Japan's market faced a slight decline.
The S&P 500 recorded a 1.3% increase and the Nasdaq 100 surged by 1.7% on Friday.
The dollar's performance against major currencies was mixed, and the Japanese yen traded around 157 per dollar.
Australian government bond yields rose, reflecting a growing appetite for risk among investors.
Technology stocks, particularly in the realm of artificial intelligence, are expected to be in the spotlight in Asia.
South Korea's political landscape is also making headlines, which could impact investor sentiment.
Key economic data, including China Caixin services and composite PMI, Thai inflation figures, and Vietnam's industrial production statistics, will be released on Monday.
Globally, attention will be on monetary policy decisions and economic indicators from various countries. Federal Reserve officials, including Governor Lisa Cook and Richmond Fed President Tom Barkin, are in the spotlight. The interplay between economic indicators and central bank policies will shape market expectations and investment strategies.