Asian stock markets are mostly higher on Tuesday despite the absence of fresh cues from Wall Street, which was closed overnight for a holiday. Investors remained optimistic that economic growth in China will help support growth in the Asian region. Data released on Monday showed that China's economy gained further momentum towards the end of 2020.
Investors now look ahead to comments from U.S. Treasury Secretary nominee Janet Yellen on U.S. stimulus at the Senate confirmation hearing later today, with her prepared remarks calling on the federal government to "act big".
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com