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· A Biden victory would help boost emerging markets: Strategist
Rob Mumford of GAM Investments explains how a Biden win will result in a weaker U.S. dollar and provide a “very supportive backdrop” for emerging market equities.

· Shares rally ahead of U.S. election, dollar steady

Asian equity markets rallied on Tuesday, with investors buoyed by strong factory output data from major economies, while the dollar and gold were little changed ahead of U.S. elections.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 1.2%, up for the second straight session. The gauge is just 1% shy of a 2-1/2 year high struck in mid-October and up 5% so far this year.

· China shares end higher, boosted by financial, material stocks

Chinese shares ended higher on Tuesday, led by gains in material and financial stocks, as investors bet more on a swift economic recovery from the pandemic and upbeat sales outlook for new energy cars.

The Shanghai Composite index closed up 1.42% at 3,271.07.

The blue-chip CSI300 index was up 1.2%, with its financial sector sub-index higher by 1.79%, and the material sector sub-index up 2.42%.