<div class="at-above-post addthis tool" data-url="https://www.metro.us/asia-set-to-follow/"></div>NEW YORK (Reuters) – Asian markets were set to open higher on Friday in a holiday-lightened trading session, riding a surge of strong factory data and falling bold yields that pushed U.S. and European benchmark stock indexes to record highs. U.S. President Joe Biden’s $2.3 trillion plan to rebuild America’s crumbling infrastructure added to the […]<! AddThis Advanced Settings above via filter on get the excerpt ><! AddThis Advanced Settings below via filter on get the excerpt ><! AddThis Advanced Settings generic via filter on get the excerpt ><! AddThis Share Buttons above via filter on get the excerpt ><! AddThis Share Buttons below via filter on get the excerpt ><div class="at-below-post addthis tool" data-url="https://www.metro.us/asia-set-to-follow/"></div>&
Asia set to follow U.S. stocks higher as dollar, bond yields ease
By Alwyn Scott
Reuters
NEW YORK (Reuters) - Asian markets were set to open higher on Friday in a holiday-lightened trading session, riding a surge of strong factory data and falling bold yields that pushed U.S. and European benchmark stock indexes to record highs.
U.S. President Joe Biden s $2.3 trillion plan to rebuild America s crumbling infrastructure added to the enthusiasm for risk assets, as did accelerating vaccine rollouts.
The China Financial Futures Exchange CIS 300 Index Futures index was up 1.76%, the Nikkei futures index was up 1.23% and E-Mini S&P 500 futures index was up 1.18%. Australia, New Zealand, Hong Kong and Singapore were among the Asian countries observing the Good Friday holiday.
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Biden plans broad spending programme, big U.S. jobs number eyed U.S. bond yields turn steady in calmer trade
LONDON, April 1 (Reuters) - World stocks ran higher on Thursday following their slowest quarter in a year, as U.S. economic strength offset the return to strict COVID lockdown measures in parts of Europe and elsewhere.
U.S. President Joe Biden’s sweeping $2.3 trillion plan to rebuild America’s crumbling infrastructure lifted MSCI’s 50-country world index for a second day running, while oil jumped 1.5% before an OPEC meeting.
Asian markets had seen a strong finish with a late burst pushing Chinese shares up 1.2%, and Europe’s STOXX 600 shrugged off France’s new lockdown order to push back towards its pre-COVID record highs.
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