Equity markets continued to rally during the APAC session as investors cheered vaccination progress. The UK's rapid rate of inoculations may underpin regional risk assets. FTSE 100 eyeing yearly highs after clearing key resistance. Advertisement Asia-Pacific Recap Equity markets continued to trudge higher during Asia-Pacific trade as progress in the distribution of coronavirus vaccines, and falling infection numbers globally, underpinned market sentiment. Australia's ASX 200 climbed 0.7%, as the RBA reiterated its commitment to keep interest rates low for the foreseeable future, and Victoria the nation's second-most populous state looks set to emerge from a 5-day snap lockdown on Wednesday. Japan's Nikkei 225 surged over 1.2% while Hong Kong's Hang Seng Index stormed 1.7% higher. In FX markets, the British Pound , New Zealand Dollar and Norwegian Krone largely outperformed while the haven-associated US Dollar and Japanese Yen lost ground. Gold and silver prices crept higher despite yields on US 10-year Treasuries climbing to their highest levels since March of 2020.