Global Markets: Asian stocks set to fall on growing second virus wave fears

Asian equities and oil prices were set to slip on Tuesday amid growing investor worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted. The central Chinese city of Wuhan reported five new confirmed cases on Monday, casting doubts over efforts to lower coronavirus-related restrictions across the country as businesses restart and individuals went back to work. Hong Kong’s Hang Seng index futures were down 0.68% while Japan’s Nikkei 225 futures were off 0.1%. …read more

Source:: Yahoo Finance

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