Asia-Pacific markets set for largely higher open ahead of key Japan data

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Traders in Asia will focus on Japan’s trade data for May, with economists polled by Reuters expecting a 13% rise in exports — higher than April’s…

Asia-Pacific markets are set to largely rise on the back of the S&P 500 hitting new highs as artificial intelligence firm Nvidia overtakes Microsoft as the most valuable public company.

Traders in Asia will focus on Japan's trade data for May, with economists polled by Reuters expecting a 13% rise in exports — higher than April's 8.3% gain.Shares of the chipmaker jumped 3.5% overnight on Wall Street and have surged 174% since the beginning of the year. The broad market index advanced 0.25% to close at 5,487.

 

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