Traders can look forward to central bank decisions and economic data from Asia's powerhouses this week.
Monday kicked off with Japan's revised first-quarter gross domestic product (GDP) before the market open and will end with May consumer confidence after the market close.
Japan's economy grew at an annualized rate of 6.7 percent in the first quarter of the year, compared with an initial estimate of 5.9 percent, data showed.
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Meanwhile, Moody's expects a continued decline in consumer confidence: "Consumer confidence has gone down in almost a straight line since mid‐2013 as rising prices unmatched with wage increases caused real incomes to fall. There is little sign of this turning around, especially with the April tax hike," it said in a report.
"The only possible upside is that the tax increase, once implemented, was probably not as painful as households had been bracing for," it added.
On Tuesday, China, the world's second-largest economy, will post consumer price inflation (CPI) and producer price inflation (PPI) for May at 9:30am SIN/HK.
April's reading sparked concerns about deflationary risks, with annual consumer inflation dropping to an 18-month low and producer prices sliding for the 25th straight month, but Barclays expects May figures to paint a brighter picture.