Asian Stocks Set to Rise on Strong US Jobs Data

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 88 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 62%
  • Publisher: 63%

Finance Noticias

Asian Stocks,Wall Street,US Jobs Data

Asian stocks are expected to follow Wall Street higher after strong US jobs data indicates a robust economy. Mark Zuckerberg's wealth surpasses Elon Musk's for the first time since 2020. Treasury yields surge as traders reduce expectations of steep Federal Reserve rate cuts.

-- Asian stocks are set to follow Wall Street higher after Friday’s jobs print indicated a strong US economy. China reopens after a two-day holiday.Mark Zuckerberg’s Wealth Exceeds Elon Musk’s for the First Time Since 2020

In Asia, traders will be keeping a closer eye than usual on China’s daily yuan reference rate as markets reopen from a holiday. Investors will be looking for signs of official pushback after the currency weakened toward a no-go area last week. The fixing may signal whether Beijing will support the currency more vigorously or allow a moderate depreciation.

Elsewhere, New Zealand’s central bank, the first to hike in the post-Covid tightening cycle, is expected to push back against easing bets when it delivers it decision this week. Meanwhile, the European Central Bank is likely to keep its key rate unchanged as traders eye rate cuts within months. Minutes of the last meeting suggested a June easing is likely, while Governing Council member Yannis Stournaras last month said four cuts are possible this year.

The bank said it became aware of "allegations" against Ahn and launched an investigation that found she violated the bank's code of conduct by having an "undisclosed close personal relationship with another employee which led to preferential treatment of the employee including promotion and compensation increases." Both employees had their employment terminated as a result, the bank said in a statement.

An ex-GOP congressman blasts the 'populist wave' that he says has corroded conservatism: 'Now we're impeaching people like it's some kind of carnival'Billionaire Don Hankey offered to pay Donald Trump's full $464 million bond, but Trump's lawyers didn't notify the court about the offer, ProPublica reported.

‘Blows my mind’: North Carolina woman made $50K in car payments — and barely reduced the $84K loan. How to avoid this

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Asian Stocks to Rise as Powell Reaffirms Rate Cuts: Markets Wrap(Bloomberg) -- Equities in Asia were primed for gains Thursday after Jerome Powell reaffirmed his view the Federal Reserve will likely cut rates this...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Asian Stocks to Rise as Powell Reaffirms Rate Cuts: Markets WrapEquities in Asia were primed for gains Thursday after Jerome Powell reaffirmed his view the Federal Reserve will likely cut rates this year.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »

Asian Stocks Set For Mixed Open, US Hits New Highs: Markets WrapEquities in Asia headed for a mixed open Friday in a sign investors are rethinking the optimism that propelled the region’s shares higher in the prior session, as fresh signs of persistent inflation appeared in the US.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »

Asian Stocks Set For Mixed Open, US Hits New Highs: Markets Wrap(Bloomberg) -- Equities in Asia headed for a mixed open Friday in a sign investors are rethinking the optimism that propelled the region’s shares higher in...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Asian Stocks Set For Gains, Eyes on Daily Yuan Fix: Markets WrapAsian stocks are set to follow Wall Street higher after Friday’s jobs print indicated a strong US economy. China reopens after a two-day holiday.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »

Asian Stocks Set to Gain as Fed Awaits More Data: Markets Wrap(Bloomberg) -- Equity markets in Asia look set to open higher as the Federal Reserve reiterated it’s in no rush to cut interest rates and will await more...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »