Asian equity markets traded mostly higher as the region continued to benefit from the recent vaccine hopes.
Daily Market Analysis
US stock markets are set to open mixed as the post-Pfizer rally is reassessed, but cyclicals are still clearly outperforming the growth and momentum names that have notched the biggest gains during the pandemic.
EUR/USD fell below 1.1850 after reaching 1.1920 on Monday. The pair consolidated after the initial bearish move.
This Wednesday, China celebrates the Singles' Day. If sales are high enough for Alibaba on that day, the stock may surge.
Asian equity markets were mostly higher as the region took its cue from the predominantly strong performance stateside where the S&P 500 and DJIA rallied to fresh record highs.
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