China's CSI 300 index futures (IF) front-month contract up 0.29% at the morning open; SSE 50 index futures (IH) up 0.25%; CSI 500 (IC) up 0.48%; CSI 1000 (IM) up 0.34%.

CNN, citing three people, says U.S. Defense Secretary Hegseth plans his first visit to Israel since taking office on Wednesday. Sources say it is unclear whether recent U.S. strikes on Iran would affect the trip. Hegseth is expected to meet Prime Minister Netanyahu and Defense Minister Katz to address Israeli concerns about a possible U.S. sale of F-35 stealth fighters to Turkey, a proposal raised by Trump at the NATO summit. Israel remains the only Middle Eastern operator of F-35s.

Capital Economics analyst Ariana Curtis said Canada's goods trade surplus widened to a four-year high in May, but the increase was entirely price-driven as export volumes were essentially unchanged. She said the only positive was a rise in May import volumes, signalling gradual improvement in domestic demand. Curtis added the trade data is consistent with the preliminary 0.1% MoM GDP estimate for May.