Asia stocks see back-to-back gain on continuing optimism

Asian stocks headed for their first back-to-back gain in two weeks on continuing optimism that the deadly coronavirus epidemic may be waning in some key epicenters.

Stocks gained more than 2% in Tokyo and Sydney, and over 1% in Seoul.

Chinese markets reopen Tuesday after further targeted monetary stimulus by the central bank over the break. The Aussie advanced ahead of a policy decision by the Reserve Bank of Australia. Oil rose past $27 a barrel.

The mostly upbeat tone in markets comes amid more signs that the coronavirus crisis may be easing in some areas. Italy, France, Germany and Spain reported lower numbers of new case