NEW YORK (Reuters) – Asian stocks were set to rise on Friday amidst investor optimism about the re-opening of the U.S. economy from coronavirus lockdowns and perhaps more stimulus that might sustain a healing.
An electronic stock details board displaying zero numbers on the most recent stock costs before the opening of the very first trading day after the week-long Lunar New Year vacation at a brokerage home in Shanghai, China, February 15,2016 REUTERS/Aly Song
U.S. President Donald Trump said he was open to working out another possible stimulus bill amidst the unique coronavirus pandemic, however “was taking his time” to see if more federal action was needed.
Ahead of the Asian open, Hong Kong’s Hang Seng index futures HSI HSIc1 climbed up 0.16%, Australian S&P/ ASX 200 futures YAPcm1 increased 0.85%, while Japan’s Nikkei 225 futures NKc1 were down 0.15%.
” We’re anticipating to see a positive scenario evolve here,” said Ryan Felsman, a senior financial expert at CommSec in Sydney, keeping in mind that Asian equities would likely follow the favorable Wall Street lead, driven in part by gains in banking and energy.
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