Everything to know about the April 8 eclipse in Atlantic Canada | SaltWire #eclipse #atlanticcanadaSINGAPORE - Asian shares retreated on Friday as hawkish comments from some Federal Reserve officials and escalating geopolitical tensions put a dent in risk sentiment, while traders were also cautious ahead of U.S. jobs data due later in the day.
In a later call with Netanyahu, U.S. President Joe Biden threatened to condition support for Israel's offensive in Gaza on it taking steps to protect aid workers and civilians. A slew of solid U.S. economic data out this week has stoked doubts about the pace and scale of Fed easing. A cooling U.S. services sector and comments from Fed Chair Jerome Powell this week, however, reinforced the view that rate cuts were likely to commence at some point this year.
Richmond Fed President Thomas Barkin also said on Thursday the U.S. central bank has"time for the clouds to clear" on inflation before starting to cut interest rates. Chicago Fed President Austan Goolsbee cited housing price pressures as the"biggest danger" on inflation.