Australian shares jump 1.7% in early trade in the Asia-Pacific in 'fragile' market environment

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Monday's session in Asia-Pacific is set to follow a wild day in U.S. markets last Friday, where stocks roared back from a sharp sell-off.

Monday's session in Asia-Pacific is set to follow a wild day in U.S.

markets last Friday, where stocks roared back from a sharp sell-off as a"Investors remain wary of the impact that the massive Biden fiscal experiment will have on longer-term interest rates, making for a fragile equity environment," analysts at ANZ Research said in a morning note on Monday. "That defensiveness may prevail into the mid-March meeting."over the weekend that includes direct payments of up to $1,400 to most Americans.

 

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CNBC is going to work overtime to prevent any green in the markets next week. Watch

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