Nasdaq 100 Approaches All-Time High, Will Hang Seng and ASX 200 Follow?
NASDAQ 100, ASX 200, HANG SENG INDEX OUTLOOK:
APAC stocks may rebound following a strong lead on Wall Street, oil climbed to a 9-month high
Senate Majority Leader Mitch McConnel hinted that a Covid-relief package might be around the corner
Traders are holding their breath for the FOMC meeting, the USD sank to a 2.5-year low Advertisement
Risk-On Session, US Relief Package, FOMC Meeting, Asia-Pacific at Open:
Asia-Pacific equities look set to open broadly higher after a ‘risk-on’ session on Wall Street overnight. US stocks gained across all sectors as House and Senate leaders continued their negotiation over a Covid relief package on Tuesday evening. In view of rapidly climbing coronavirus cases across the country and a softer job market environment, lawmakers might face the urgency to strike a deal that is needed to support small business loans, jobless benefits and vaccine distribu