Australian S&P/ASX 200 futures were up 0.23% in early trading. Japan's Nikkei 225 futures were up 0.24%, and Hong Kong's Hang Seng index futures had risen 0.74%.Attention is quickly turning to how the United States might adopt further stimulus to help steer the world's largest economy through a worsening coronavirus pandemic.
"The sustainability of this rebound will be determined to a large degree by whether another fiscal deal is reached," said ANZ bank analysts in a note. Now, the Trump administration is considering banning travel to the United States by all members of the Chinese Communist Party, according to a person familiar with the matter.
"What worries us about the U.S. economy is initial jobless claims remained stuck at a high level of 1.3 million last week. In our view, the weak labour market will be a headwind to a further strong snap‑back in the U.S. economy," wrote Commonwealth Bank of Austrialia in an analyst note.
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