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Asian Stocks Are Near 4-Month Highs With Hopes of COVID 19 Vaccine

Asian stocks were sailing near 4-month highs on Thursday, as hopes doubled over a vaccine for COVID 19, while copper prices rose to a 6-month high.

The entire market focus today is on US employment data, due for release later today, which will give clear cues of how the world’s largest economy has handled COVID – 19 cases.

All major Asian indexes rises as Japan’s Nikkei rising 0.1%, China’s blue-chip index adding 1.7% while Hong Kong’s Hang Seng index climbed 1.8%.

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