Asian Stocks to Rise, Jobs Data Fuels Wall Street: Markets Wrap
Shares in Asia rose Friday after an upbeat day on Wall Street following jobs data that supported the case for US rate cuts.
Shares in Asia rose Friday after an upbeat day on Wall Street following jobs data that supported the case for US rate cuts.
Vanguard Group Inc.’s Ales Koutny says the market is underestimating just how hawkish the Bank of Japan will need to be this year to boost the beleaguered yen.
Oil headed for a third day of gains — putting crude on course for a weekly advance — as US jobs data supported the case for Federal Reserve rate cuts this year, buoying risk assets.
China’s stock rebound may have room to run based on a number of underlying positives including technicals, fund flows, and the outlook for earnings.
Japan’s households cut spending again as sticky inflation weighed on sentiment, clouding the prospects for the economic virtuous cycle sought by the central bank.
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