Asia set to track Wall Street retreat as second wave derails recovery hopes

NEW YORK (Reuters) - Asian markets were set to follow a tumble in Wall Street stocks and oil prices on Thursday after surging U.S. coronavirus cases and the International Monetary Fund's downgrade to global economic projections shook confidence in a recovery."At the moment futures are looking at some pretty steep losses," said James Tao, a market analyst at Australian broker CommSec. "It's no real surprise considering the heavy declines on Wall Street."Tao said spiking coronavirus cases and new..