Asian Stock Market: Struggles to cheer softer Treasury yields as Covid lockdowns loom

ely to challenge the Asia-Pacific equities traders could be a light calendar at home and a cautious mood ahead of Wednesday’s top-tier data/events.

Not only Japan’s Nikkei 225 but Australia’s ASX 200 also prints gains, up 0.70% around 7,191 at the latest, amid expectations that Reserve Bank of Australia Governor Philip Lowe will reiterate the dovish words in today’s speech. It should be noted that downbeat prints of New Zealand’s trade numbers for October fail to please the equity buyers in Auckland amid hawkish hopes from the RBNZ.

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