FILE PHOTO: A woman looks at a screen showing Nikkei index outside a brokerage in Tokyo, Japan October 2, 2020. REUTERS/Kim Kyung-Hoon
A $908 billion U.S. coronavirus aid plan gained momentum in U.S. Congress on Thursday, buoying U.S. markets. “The U.S. fiscal situation is pretty fluid, but it’s more encouraging than in the beginning of the week,” said Ray Attrill, head of FX strategy at National Australia Bank in Sydney. “But there’s too much uncertainty to do anything with a great degree of confidence.”
The European Union and Britain continued trying to secure a Brexit trade deal, with diverging views on how far off the sides were from a deal.Japan’s Nikkei 225 futures added 0.13% and Hong Kong’s Hang Seng index futures were flat. Wall Street stocks were mixed, with the Nasdaq closing at a record high, lifted by Tesla Inc, while the S&P 500 fell after a report that Pfizer Inc had slashed the target for the rollout of its COVID-19 vaccine.The dollar cratered on Thursday to its weakest level in more than 2-1/2 years as signs of progress toward U.S. fiscal stimulus and optimism about COVID-19 vaccines kept investors hopeful.
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