Asian shares firm, hope for best from US earnings


MSCI's broadest index of Asia-Pacific shares outside Japan added 0.15%, having climbed sharply to a five-month peak last week on the back of surging Chinese stocks. Japan's Nikkei gained 1.3% and South Korea 0.9%. E-Mini futures for the S&P 500 rose 0.2% even as some U.S. states reported record new cases of COVID-19, a divergence that shows no sign of stopping.

SYDNEY: Asian shares got off to a firm start on Monday as investors wagered U.S. earnings season would see most companies beat forecasts given expectations had been lowered so far by coronavirus lockdowns.

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.15%, having climbed sharply to a five-month peak last week on the back of surging Chinese stocks.

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Asian markets , firm start , US Earnings , Nikkei , MSCI ,

   

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