Asian equities hit a six-week high to kick off a week when more than a third of companies listed on the S&P 500 are set to report Q1 earnings and markets await the Fed’s rate decision. Meanwhile, India continues to suffer from record Covid case and death levels over the weekend. Hospitals are overwhelmed and oxygen in short supply as the UK announces it is shipping urgent medical equipment to Delhi. In Italy, PM Mario Draghi eases lockdown restrictions while striking a recovery plan with Brussels reportedly worth €200bn. EU Commission President Ursula Von Der Leyen pledges to resume flights between the bloc and U.S. for fully vaccinated tourists this summer.  

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