Asia markets extend gains on renewed recovery optimism ...Qatar

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Asia markets extend gains on renewed recovery optimism
Equities and oil prices rose again on Tuesday, extending a global rally fuelled by renewed optimism over the recovery outlook after Washington gave full approval to Pfizer-BioNTech’s vaccine and an increase in US Covid infections appeared to be peaking. A call by China’s central bank for more economic support and a move to keep borrowing costs down also provided some cheer to the region, while hopes that Beijing’s clampdown on the private sector was adding to the buoyant sentiment. Investors are also keenly awaiting a policy speech later in the week by Federal Reserve boss Jerome Powell. Markets have enjoyed a strong start to the week, further helped by bargain-hunting following a recent se

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