Asian stock markets rose on Monday as the prospect of a victory for Hillary Clinton in the U.S. Presidential elections increased after the FBI exonerated her in its reopened probe into her use of a private email server.

The FBI Director James Comey said the agency had found nothing to change the conclusion it had reached in July about Clinton's emails . The agency said at the time she'd been careless but hadn't done anything criminal. Rival Presidential candidate Donald Trump immediately cried foul.

U.S. futures soared, with the Dow Jones future and the S&P 500 both up 1.29%, and the Nasdaq 100 mini up 1.50%.

The dollar was recently up 1.27% against the yen at ¥104.4300, while U.S.10-year government bond yields were up 4 basis points at 1.82% as stocks rallied.

Brent crude was recently up 1.29% at $46.17 and spot gold was down 1.22% at $1,289.15 in a sign investors were feeling confident enough to turn their back on "safe-haven" assets.

In Tokyo the Nikkei 225 was up 1.61% at 17,177.21 and the Topix rose 1.17% to 1,362.80.

Suzuki Motor was up 7.2% after it lifted full-year forecasts with its second-quarter earnings report on Friday.

In Hong Kong the Hang Seng was up 0.87% at 22,838.74.

Slumping real estate stocks, led by a 10% decline in the price of New World Development, countered the otherwise positive mood after data from China Real Estate Information showed falling new home sales volumes.

London-based, Asia-focused lender HSBC (HSBC) - Get Report was up more than 2% after posting third-quarter pretax profit and a common equity Tier One capital ratio ahead of expectations.

On mainland China the CSI 300 was up 0.07% at 3,356.59.

The S&P/ASX 200 closed up 1.35% at 5,250.80. Westpac Banking rose 2.7% after the bank preserved its final dividend even as it cut its return on equity target and posted a decline in full-year earnings.