Asian shares push higher as more countries ease lockdowns.
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Asian shares followed Wall Street higher on Monday as investors looked ahead to more countries restarting their economies, even as some reported an unwelcome pick up in new coronavirus cases.
 
Investors seemed determined to stay optimistic and MSCI (NYSE:MSCI)'s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) firmed 1.1%.
 
Japan's Nikkei (N225) added 1.6% and Chinese blue chips (CSI300) 0.7%. E-Mini futures for the S&P 500 (ESc1) opened soft but bounced as the morning wore on and was last up 0.5%.
 
EUROSTOXX 50 futures (STXEc1) gained 0.8% and FTSE futures (FFIc1) 0.7%.
 
The bond market certainly seems to think any recovery will be slow with two-year yields (US2YT=RR) hitting record lows at 0.105% and Fed fund futures <0#FF turning negative for the first time ever.
 
The dollar was a shade firmer on the yen at 106.94 on Monday but well within the 105.97 to 109.37 band that has lasted since late March. The euro was a fraction softer at $1.0830 (EUR=) but above last week's low at $1.0765.
 
Against a basket of currencies, the dollar was idling at 99.837 (=USD), sandwiched between support at 98.769 and resistance around 100.40.
 
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