Asia-Pacific markets traded higher Monday, tracking Wall Street’s gains on Friday stateside, as investors awaited China’s key lending rate decision that’s due out today.
China is expected to leave the loan prime rates unchanged, according to a Reuters poll. This came after the central bank kept a key interest rate steady after the U.S. Federal Reserve lowered its rates by 25 basis points.
Japan’s benchmark Nikkei 225
index rose 0.74% at the open, while the Topix index advanced 0.58%.
South Korea’s Kospi
