Asian markets chalked up healthy gains Monday as investors cheered a strong start to the US earnings season, while Donald Trump's treasury chief indicated trade talks with China were in their end-stage.
The gains put a regional equities rally back on track after last week's stutter, supported by data last week showing a sharp jump in credit growth in China as easing measures kick in, while exports beat expectations and inflation perked up.
New York's three main indexes provided a positive lead after Wall Stret titan JP Morgan recorded a pick-up in profits, suggesting the economy remains in rude health and fuelling optimism for upcoming corporate reports.
"The environment of easier financial conditions is beginning to have an impact on the broader economy," Binay Chandgothia at Principal Global Investors told Bloomberg TV.
"If that is the case and growth does pick up, you'll see an uptick in analyst expectations and earnings as well, which should help continue the rally."
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