Trump Inauguration, South Korea’s PPI

Asia-Pacific markets mostly rose Tuesday as investors awaited more clarity on U.S. President Donald Trump’s policies after his inauguration.

Australia S&P/ASX200 advanced 0.66% to end the day at 8,402.40.

In Japan, the reference Nikkei 225 closed 0.32% higher at 39,027.98, while the Topix edged up 0.08% in choppy trading to end the day at 2,713.50.

South Korea Kospi closed 0.08% lower at 2,518.03, while the Kosdaq fell 0.22% to close at 726.07.

Hong Kong’s Hang Seng Index gained 0.90%. Mainland China’s CSI300 index rose 0.04%.

Several Asian central banks will meet later this week. Malaysia’s central bank is expected to maintain its policy rate at 3% on Wednesday. The Bank of Japan will hold its next policy meeting on January 23-24 — BOJ Governor Kazuo Ueda has signaled his intention to raise rates. The Monetary Authority of Singapore will meet on Friday.

In the United States, markets were closed due to the Martin Luther King Jr. holiday.

U.S. stock futures were rising after Trump’s inauguration and his promise of a new “golden age” for the United States. He also issued a series of decrees, which notably did not include customs duties.

Futures contracts linked to the S&P 500 gained 0.5%, while futures on the Nasdaq 100 rose 0.6%. Dow Jones Industrial Average futures advanced 221 points, or 0.5%.

— CNBC’s Brian Evans contributed to this report.