GLOBAL MARKETS-Asian shares poised to climb after Wall Street rallies

* Asian stock markets: https://tmsnrt.rs/2zpUAr4

By Chris Prentice
April 6 (Reuters) - Asian markets looked poised on Tuesday
to attempt another day of gains after stocks rallied on signs of
a slowdown in coronavirus-related deaths, as oil prices resumed
their decline on doubts about a potential Saudi-Russian pact to
cut output.
Hong Kong futures HSIc1 were up and Australia futures also
rose in early trade.
Nikkei futures NKc1 opened lower but were 2.3% above the
cash close. The yen eased 0.01% as traders awaited more details
on the government's stimulus package.
On Monday, Japanese Prime Minister Shinzo Abe pledged to
roll out an unprecedented economic stimulus, equal to 20% of
economic output, as his government vowed to take "all steps" to
battle deepening fallout from the coronavirus.
Equity investors kicked off the week encouraged by the
slowing death toll from the virus across major European nations,
including France and Italy. U.S. stocks rallied on Monday, with
the S&P 500 .SPX , Dow Jones Industrial Average .DJI , and
Nasdaq Composite .IXIC all gaining more than
7%. "Markets started the trading week with a more positive tone
following early signs of improvement in virus data for key hot
spots," ANZ Research economists said in a morning note.
Emerging market stocks rose 2.66% at the start of the week.
MSCI's broadest index of Asia-Pacific shares outside Japan
.MIAPJ0000PUS closed 2.77% higher.
The governors of New York and New Jersey pointed to
tentative signs that the coronavirus outbreak in their states
was starting to plateau but warned against complacency, while
across the Atlantic British Prime Minister Boris Johnson, who
has the COVID-19 disease caused by the virus, was taken to
intensive care, driving down the pound.
Reported cases of coronavirus, have exceeded more than 1.27
million globally and 70,395 have died, according to a Reuters
tally. Oil futures LCOc1 resumed their decline, falling more than
$1 per barrel on Monday, after Saudi Arabia and Russia delayed a
key meeting aimed at resolving growing excess supplies at a time
the pandemic has pushed down demand. Prices had previously notched two sessions of double-digit
gains on hopes the producers would meet and agree to production
cuts.
Gold prices XAU= rose, touching a fresh 3-1/2-week high.
Demand for gold, seen as a store of value, has jumped as
governments around the world roll out stimulus packages to
soften the economic blow of the pandemic, but effectively
diluting their currencies.