Everything to know about the April 8 eclipse in Atlantic Canada | SaltWire #eclipse | SaltWireSINGAPORE - Asian shares started the week on a subdued note on Monday, while the dollar firmed as investors weighed when the U.S. Federal Reserve will start cutting rates in the wake of yet another blowout jobs report.
Wall Street's main indexes closed higher on Friday after data showed U.S. job growth blew past expectations in March and wages increased at a steady clip, suggesting the economy ended the first quarter on solid ground. Investors are also pricing in 62 basis points of cuts this year, less than the 75 basis points the Fed has projected.
"Market expectations are drifting in favour of a cut in July rather than June and it’s easy to see why."