Investor sentiment was supported by a slew of positive news on the coronavirus vaccine front — the virus has infected more than 14 million people worldwide since late last year.
futures also pointed to opening gains for the Japanese benchmark index, which finished its previous session at around 22,717.due to a strong performance in technology shares.
"Global equities kicked off the trading week on a positive note as vaccine hopes supported optimism," Felicity Emmett, a senior economist at ANZ, wrote in a morning note. Pfizer and BioNTech reported early positive data on a joint coronavirus vaccine candidate. Another candidate from Oxford University and AstraZeneca alsoThe coronavirus pandemic, which was first reported in China late last year, has infected more than 14.6 million people and killed over 608,000., which measures the greenback against a basket of its peers, last traded at 95.832, declining from levels above 96.00 seen in the previous week.
The dollar "remains heavy near the weakest levels since March," analysts at the Commonwealth Bank of Australia wrote in a morning note. "In the absence of market‑moving economic data this week, negotiations about the next round of economic stimulus will be in focus," they wrote.
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