Asian stocks near two-year high as virus treatment hopes lift mood

Topics Markets | Asia Markets


SINGAPORE (Reuters) - Asia's stock markets opened higher on Tuesday following a Wall Street rally driven by vaccine hopes, while the dollar found some support ahead of a key central bank speech. Also supporting the mood were statements from both China and the United States saying top-level trade representatives had held constructive talks over the future of the Phase 1 trade deal.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3% to its highest since early January and sits just a fraction below a two-year.

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