SYDNEY/HONG KONG - Asian shares climbed on Tuesday as investors wagered China’s economic strength would help underpin growth in the region, even as pandemic lockdowns threatened to lengthen the road to recovery in the West.
MSCI’s broadest index of Asia-Pacific shares outside Japan firmed 0.98%, to be a whisker from record highs. Japan’s Nikkei bounced 1.5%, recovering all the losses suffered on Monday when caution had dominated markets. “The projected EPS growth in Europe now stands at the lows of the crisis which seems too conservative, and could likely lead to positive surprises over the reporting season,” they wrote in a note.
Janet Yellen, Biden’s nominee to run the Treasury Department, will tell the Senate Finance Committee on Tuesday that the government must “act big” with the coronavirus relief plan. In bond markets, 10-year Treasury yields were steady at 1.10% and off their recent 10-month high of 1.187% as investors waited to see how much fiscal stimulus might actually get passed.
Waiting for ares
So either you go to China or Korea to depart the USA because they are looking for their spies.
thanks