HONG KONG – Most Asian markets extended gains Tuesday following another record on Wall Street though investors remain torn between vaccine-fuelled optimism over the economic outlook and fears over a surge in inflation the recovery is expected to bring with it.
With a number of big data announcements coming this week, analysts said traders were largely biding their time awaiting the next catalyst to drive buying, though most tip the year-long rally across equities to continue this year despite recent stutters.
The major call is Friday’s government employment report, which will give the latest snapshot of the world’s top economy as it slowly emerges from the c…
Keep on reading: Most markets rise in Asia on recovery optimism, worries remain