Australian S&P/ASX 200 futures rose 1.21% in early trading. Japan's Nikkei 225 futures added 0.13%. Hong Kong's Hang Seng index futures lost 0.93%. Hong Kong was closed for a public holiday on Thursday and markets in mainland China continue their break on Friday
NEW YORK: Asian stocks were set to gain on Friday, as global sentiment remained doggedly upbeat despite increased volatility and rising new coronavirus infections, with Wall Street pushed higher by a loosening in bank regulations.
Throwing some cold water on the rally, however, were the U.S. Federal Reserve's capital limits for banks after its stress tests on the sector revealed key vulnerabilities.
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