Asian shares began warily on Monday as investors eyed efforts to stitch together more fiscal stimulus in the eurozone and United States to help ...
Asian shares began warily on Monday as investors eyed efforts to stitch together more fiscal stimulus in the eurozone and United States to help economies ride out the effects of a record jump in COVID-19 cases globally.
Last week, European, U.S. and other equity markets notched their third weekly gain in a row, although the pace of the rally has slowed. In response, the euro opened 0.2per cent lower in early Asian trade to go as low as US$1.1400. It was last up 0.2per cent at US$1.1442. The United States, with 3.7 million total cases, has almost as many infections as the next three hardest-hit countries combined - Brazil, India and Russia.
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