Asian equity markets are set for a higher open on Monday following record highs in the U.S. last week.
Japan's benchmark index is expected to resume its gains following Friday's near 1 percent decline. Chicago stock futures traded at 20,090 points, while Osaka futures were flat at 20,050 points; both above the Nikkei's previous close of 20,020 points.
Australian shares may extend gains from Friday's one-week high with stock futures up 0.4 percent at 5,962, higher than the S&P ASX 200's close of 5,933. Miners could see a boost after iron ore prices surged by more than 5 percent to a six-week high of $57 a ton.
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