(Bloomberg) -- Stocks in Asia looked set to follow the lead from a strong U.S. session after earnings handed investors a welcome distraction from trade tensions and rising yields. The dollar slipped and Treasuries were steady.

Futures in all major markets in the region pointed to gains when trading begins Wednesday, and Australia’s shares advanced at the open. Nasdaq futures pulled back from an initial climb after profit at Netflix Inc. trounced estimates. Earlier, the U.S. equities rally was led by technology shares. The dollar held near a two-week low and the 10-year Treasury yield traded around 3.16 percent after data showed U.S. factory production expanded in September. Oil edged higher amid tensions between the Saudi Arabia and the U.S. over the disappearance of a prominent journalist.

Better results at the start of earnings season from the likes of Goldman Sachs Group Inc., Johnson & Johnson and Netflix offered investors some breathing space from worries about the jump in benchmark Treasury yields to seven-year highs. Minutes from the latest Federal Reserve meeting should offer more clues Wednesday on the outlook for policy tightening into next year. Also helping sentiment this week was a budget agreement in Italy.

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Elsewhere, the pound climbed as data showed U.K. wages grew at the fastest pace in nearly 10 years, though gains were trimmed as Brexit concerns reemerged. Emerging markets also climbed.

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Here are some key events coming up this week:

• China’s new yuan loans may have risen to 1.36 trillion yuan ($196 billion) in September from August’s 1.28 trillion yuan as officials sought to buoy economic growth.
• Third-quarter GDP for China comes Friday, with headline growth forecast to slow to 6.6 percent year on year from 6.7 percent, in addition to last month’s retail sales and factory output.
• Minutes from the Fed are due on Wednesday.

These are the main moves in markets:

Stocks

• Futures on Japan’s Nikkei 225 rose 2 percent in Singapore.
• Contracts on Hong Kong’s Hang Seng index advanced 1.5 percent.
• FTSE China A50 index futures rose 1.2 percent.
• Australia’s S&P/ASX 200 Index gained 1 percent.
• S&P 500 futures slipped 0.1 percent and Nasdaq 100 contracts were down 0.2 percent. The S&P 500 Index rose 2.2 percent Tuesday, when the Nasdaq 100 climbed 2.9 percent.
• The MSCI Emerging Market Index gained 1.3 percent.

Currencies

• The yen was at 112.29 per dollar after sliding 0.5 percent.
• The offshore yuan was at 6.9132 per dollar.
• The Bloomberg Dollar Spot Index was flat.
• The euro was steady at $1.1576.
• The British pound held at $1.3187.

Bonds

• The yield on 10-year Treasuries was steady at 3.16 percent.
• Australia’s 10-year yield held at 2.71 percent.

Commodities

• West Texas Intermediate crude rose 0.4 percent at $72.18 a barrel.
• Gold rose 0.1 percent to $1,225.82 an ounce.

©2018 Bloomberg L.P.