Australia's ASX 200 climbed 0.14% in early trading, while Hong Kong's Hang Seng index futures were up 0.26%.
But in the short-term, a diet of strong quarterly reports from tech giants set the stage for an upswing at the Asia open. Google parent Alphabet, Amazon.com Inc, Apple Inc and Facebook Inc all beat analyst estimates for quarterly revenue, with Amazon reporting a second straight quarter of record profits.
"Even with the rebound, US output remains 3.5% below its pre-COVID levels. The path towards recovery is much less clear from here, especially as the number of virus cases grows and there are near-term impediments to a fiscal deal," wrote ANZ analysts in a note. The European Central Bank committed to further action in December to further lend economic support as European nations grappled with a renewed coronavirus outbreak. The announcement sent the euro sliding to a four-week low against the U.S. dollar.