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Nissan Honda merger, Singapore CPI in focus


A couple looks at the lighting of a light-emitting diode before Christmas in Tokyo, Japan

Kiyoshi Ota | Bloomberg | Getty Images

Asia-Pacific markets started the holiday-shortened Christmas week on a positive note, after a The US government was shut down over the weekend.

On Monday, investors will be watching for any official announcement related to the Japanese automakers' union. Honda Motors and Nissan motor. Japanese media outlet Jiji Press has reported that the announcement could come as early as Monday.

This comes after Nissan share they saw a higher rise last wednesdayfollowing a media report that the struggling Japanese automaker was about to merge with Honda.

Japan 225 it rose 0.68%, while the Topix was 0.51% higher.

South Korea Kospi gained 0.72%, while the smaller Kosdaq rose 0.96%.

Australia S&P/ASX 200 changed so far +0.71% compared to yesterday.

A future for Hong Kong Hang Seng Index it stood at 19,886, marking a stronger opening compared to HSI's close of 19,720.7.

Last Friday in the US, the three main indexes climbed, helped by cooler than expected inflation data.

The Dow Jones industrial average changed so far +1.18% compared to yesterday S&P 500 it added 1.09% and the heavy technology Nasdaq Composite 1.03% positive.

The Personal consumption expenditure price indexthe Fed's favorite inflation gauge, accelerated to 2.4% in November from 2.3% the previous month, but it was still lower than the 2.5% estimate from Dow Jones.

Excluding food and energy, core PCE rose 2.8% from a year ago, slightly below expectations of 2.9%.

— CNBC's Brian Evans, Sean Conlon and Jeff Cox contributed to this report.



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