Asian share markets were seen upbeat on Tuesday. This was mainly from investors high-risk appetite backed by hopes for a coronavirus vaccine and the possibility of a deal by European Union leaders to save their ailing economies.
MSCI s broadest index of Asia-Pacific shares outside Japan advanced 1.5%, placing near its four-month high seen earlier this month. Japan s benchmark index Nikkei recorded a 0.6% gain.
On Wall Street, technology-related shares soared after being stagnant for several days. This drove the Nasdaq Composite up 2.51%, hitting a high on Monday. The S P 500 reached a five-month high.
Euro Stoxx 50 futures tallied a 0.25% earning in Asian trade, placing near their highest level since early March. Meanwhile, European Union leaders seem to be finalizing a stimulus-related agreement to alleviate their virus-beaten economies.
https://www.umarkets.com/en/news/asian-shares-advance-higher-on-stimulus-vaccine-optimism