Futures contracts for Japanese and Australian equities edged higher after the S&P 500 Index eked out a gain Friday to notch its best week since June. China traders will look to see if equities there can build on last week’s advance. Treasury futures were little changed while the dollar was steady after gaining Friday against major peers.
Friday’s jobs report showed a labor market undergoing a controlled cooling, illustrated by solid hiring, slower earnings growth and more people returning to the workforce. The moderation gives the Fed room to pause rate increases this month while keeping options open for another hike later in the year.
In Asia, China’s trade and inflation data this week will likely signal that the economy’s recovery remains fragile, keeping pressure on policymakers to roll out more stimulus. Global demand for Chinese goods is still weak, as reflected by the depressed level of manufacturing gauges in the country’s main export markets. And an ongoing slump in the property market is curbing China’s import demand for building materials.
Elsewhere, key rate decisions for central banks are scheduled in Australia and Malaysia with rates expected to remain on hold.S&P 500 futures were little changed as of 7:04 a.m. Tokyo timeStory continuesThe Japanese yen was little changed at 146.24 per dollarThe Australian dollar fell 0.1% to $0.6449The yield on 10-year Treasuries advanced seven basis points to 4.18% Friday.West Texas Intermediate crude rose 0.3% to $85.
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Источник: BNNBloomberg - 🏆 83. / 50 Прочитайте больше »
Источник: BNNBloomberg - 🏆 83. / 50 Прочитайте больше »