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· U.S. stock futures rose on Monday morning after Wall Street posted consecutive rallies to end last week amid the prospects of the global economy reopening soon.

Dow Jones Industrial Average futures traded 88 points higher, implying a Monday opening gain of about 134 points. S&P 500 and Nasdaq 100 futures also pointed to a positive open for the two indexes on Monday.

· Stocks rise as more economies emerge from lockdown

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.

Encouraging investors in Asia was further loosening of coronavirus restrictions in the region with New Zealand easing some curbs from Thursday while Japan plans to end a state of emergency for areas where infections have stabilised.

In Europe, millions of French people are also set to cautiously emerge from one of that region’s strictest lockdowns on Monday.

That comes even as South Korea warned of a second wave of the new coronavirus as infections rebounded to a one-month high, while new infections accelerated in Germany.

Investors seemed determined to stay optimistic and MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS firmed 1.1%.

· Tokyo shares end at 2-month peak as lockdown-exit hopes spur cyclicals

Japanese stocks closed at a two-month high on Monday as more countries prepare to reopen businesses from coronavirus-induced lockdown and on positive cues from Wall Street.

The benchmark Nikkei average gained 1.1% to 20,390.66 points, its highest closing since March 6, with cyclical sectors leading the rally.

The broader Topix advanced 1.5% to 1,480.62, also its highest close in two months, with all but five of the 33 sector sub-indexes on the Tokyo exchange finishing higher.

Highly cyclical air transport, sea transport and iron and steel were the top three performing sectors on the main bourse.

· China stocks shed early gains to end a tick lower on Monday, amid renewed concerns over the coronavirus outbreak as Wuhan reported its first cluster of infections since the lockdown was lifted a month ago.

At the close, the Shanghai Composite index was down 0.02% at 2,894.80.

The blue-chip CSI300 index was down 0.09%, with its financial sector sub-index climbing 0.06%, the consumer staples sector dropped 0.79%, the real estate index down 0.01% and the healthcare sub-index down 1.59%.