News Formal

Stocks rise as investors await US jobs data for Fed cues

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 66%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Asian shares rose broadly on Friday morning after softer-than-expected U.S. employment data raised the possibility of the Federal Reserve turning less aggressive on its policy tightening stance in coming months.MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.45 per cent, riding on a st

Asian shares rose broadly on Friday morning after softer-than-expected U.S. employment data raised the possibility of the Federal Reserve turning less aggressive on its policy tightening stance in coming months.

On Thursday, the ADP National Employment Report showed U.S. payrolls rising at a slower-than-expected pace last month. "Any deviation from these figures that shows the labour market hanging together better than this might well be negative for equities and vice versa," Carnell said. Markets have locked in consecutive 50-basis-point Fed hikes in June and July but the dollar has been pushed around this week by uncertainty about what happens after that.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 6. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

India allows small amount of wheat to move out after ban, big stocks still stuck
Källa: STForeignDesk - 🏆 4. / 71 Läs mer »