Most Asia markets, dollar rise as Biden's pledges huge stimulus


HONG KONG (AFP): Asian markets mostly rose with the dollar Monday (Jan 11) following another record performance on Wall Street as investors cheered the prospect of a further massive stimulus for the US economy, with President-elect Joe Biden calling for a spending spree in the trillions of dollars.

With vaccines being rolled out around the world and key risk events including the US election, Georgia senate runoffs and Brexit now out of the way, observers said focus is now on the expected global recovery from last year's economic catastrophe.

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Asian , equities , Jan 11 , opening

   

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