Friday, 3 February 2017

Asian stocks shaky ahead of US jobs data

Asian stocks got off to a tentative start on Friday, as investors await the outcome of a key US monthly jobs report that will set the tone for the Federal Reserve's policy outlook and as China's markets reopen after a week-long break. MSCI's broadest index of Asia-Pacific shares outside Japan was flat after touching its highest level since mid-October in the previous session. ]

Morning trade in markets such as Australia was broadly steady, while Japan's Nikkei share average was up 0.6 percent. "A strong reading in the payrolls data above 200,000 coupled with a rise in wage growth could put the March 15th (Federal Reserve) meeting in serious contention for a hike despite uncertainty around the potential flow on effects from Trump’s stated economic policies.

HURRY UP two days FREE TRIAL invest money make it for TAKE LOTS OF EXPERIENCE WITH US

No comments:

Post a Comment