8am Markets update: Europe futures, Asia stocks up before US jobs forecast

📆 06/10/2023 08:18:00
📰 businessposthq

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Rises will potentially easing pressure on the Federal Reserve to raise interest rates again

European equity futures and Asian shares rose before a monthly US payrolls report forecast to show employers slowed hiring last month, potentially easing pressure on the Federal Reserve to raise interest rates again.

Contracts for the Euro Stoxx 50 rose around 0.2% while a gauge of Asian shares headed for its second daily advance, which would mark the first back-to-back gain in three weeks as major indexes across the region rose. Chinese markets remain shut ...

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