Japan will be the market to watch this week on the back of key economic releases and as earnings season in the world's third-largest economy kicks into full gear. Data from China and a monetary policy decision from the U.S. Federal Reserve will also be in focus for traders.
Nissan Motor is expected to report a first-quarter operating profit of more than 110 billion yen for the April-June period and forecast further growth ahead on a full-year basis, according to the Nikkei newspaper.
Japanese employment, household spending and retail sales for the month of June are all due for release before Tokyo's market open.
The country's unemployment rate is forecast to remain at a sixteen-year low of 3.5 percent, unchanged from May's reading. Moody's Analytics sees household spending dropping 4 percent on month, compared to May's 8 percent slump, but warned of a brighter outlook ahead.