Asian markets were mixed Tuesday after their latest rally, with investors awaiting the corporate earnings season with some optimism after a run of upbeat economic data that has offset fears of a virus second wave.
While several countries are suffering a fresh surge in infections — particularly the United States — the ongoing easing of lockdown measures and reopening of economies has been the key driver of a months-long surge across equities.
After the latest advances, which saw Shanghai hit a two-year high and the Nasdaq on Wall Street end at another record, traders stepped back.
However, there are expectations of more gains, particularly as governments and central banks around the world are providing a multi-trillion-dollar backstop.
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