Asian stocks were set for gains on Tuesday after a strong Wall Street session as easing lockdown restrictions by some countries and U.S.
states buoyed sentiment, despite another decline in oil prices. While some investors believe the worst may soon be over for the world economy, Commonwealth Bank of Australia said there were still plenty of reasons to be cautious. "We are less optimistic and expect a slower recovery in the world economy," the bank said. "The risk of reintroducing restrictions is a risk to market participants’ optimistic outlook for a quick resumption of normal economic activity." The Nikkei 225 futures were up 3.05% from the cash contract's close on Monday. The Nikkei 225 index <.N225> closed down 0.86% at 19,262 in
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