Asian shares register gains led by ASX 200 and Hang Seng. Hopes of virus vaccine, recently upbeat global PMIs keep the traders hopeful. Virus woes, US-China tussle mostly ignored ahead of the key US jobs report. Asian equities take the bids ahead of the European session on Thursday. In doing so, the investors defy the generally observed pre-NFP trading lull while observing gains made in key markets amid hopes of the coronavirus (COVID-19) cure. Also supporting the optimism could be the latest activity numbers from the key global economies. On the contrary, escalating tension between American and Beijing, over the Hong Kong issue, as well as surging virus cases in the US, fails to disappoint the traders. Also on the negative side is the global ire over China’s passage of Hong Kong bill and Beijing’s watch over the US media firms. Against this backdrop, the MSCI index of Asia-Pacific shares outside Japan gains over 1.20% with Japan’s Nikkei 225 adding 0.20% to 22,167 as we write. Further, Australia’s ASX 200 and Hong Kong’s Hang Seng mark 1.65% and 1.55% gains to be the regional leader whereas South Korea’s KOSPI rises 0.95% to 2,127 by the press time. Moving on, Indonesia’s IDX Composite and stocks in China, coupled with India’s BSE Sensex, become no exception while flashing around 1.0% green mark as of now. Looking at the broader scale, US 10-year Treasury yields and S&P 500 Futures dwindle during the pre-NFP trading lull. While the US bond yields stop the previous recovery towards 0.70% around 0.68%, US stock futures rise 0.15% to 3,107 at the time of writing. Moving on, a light calendar and a muted market reaction to the virus/geopolitical risks keep the traders on the lookout for the US June month employment figures. Market forecasts an increase of 3,000K in the headline Nonfarm Payrolls (NFP) from the previous 2,509K while Unemployment Rate could also ease from 13.3% to 12.3%. However, fears are mounting that the recent resurgence in the pandemic could disappoint the optimists. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD Price Analysis: Battles 200-HMA amid descending triangle breakout, ahead of NFP FX Street 3 years Asian shares register gains led by ASX 200 and Hang Seng. Hopes of virus vaccine, recently upbeat global PMIs keep the traders hopeful. Virus woes, US-China tussle mostly ignored ahead of the key US jobs report. Asian equities take the bids ahead of the European session on Thursday. In doing so, the investors defy the generally observed pre-NFP trading lull while observing gains made in key markets amid hopes of the coronavirus (COVID-19) cure. Also supporting the optimism could be the latest activity numbers from the key global economies. On the contrary, escalating tension between American and Beijing, over the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.