Asian stocks set to track Wall Street's defiant rally | Malay Mail

Hong Kong’s Hang Seng index futures rose 0.42 per cent and Japan’s Nikkei 225 futures were flat. — Reuters pic

Analysts said while recent headlines suggest economic risks are growing, they also bolster the case for continued stimulus from Washington, which has given markets something to cheer. Kim Mundy, an analyst at Commonwealth Bank of Australia, said Washington would continue to support the economy despite a higher then expected inflation report.The dollar index fell about 0.3 per cent amid mixed messages from US markets, and the Australian dollar fell 0.04 per cent versus the greenback at US$0.716.

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