Asia Stocks Set for Higher Open; Currencies Steady: Markets Wrap

(Bloomberg) — Asian stocks were set to gain on Monday as investors looked to the start of earnings season for further clues on how companies are faring with the pandemic.Futures rose in Japan, Australia and Hong Kong, while U.S. contracts pushed higher. Currency markets saw muted moves in early trading and oil retreated. Banks — which kick off the U.S. reporting season this week — led the S&P 500 to gains on Friday. Treasuries reversed a rise that saw the five-year yield hit a record low.With global equities trading near their highest since February, investors are waiting to hear what …read more

Source:: Yahoo Finance

      

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