Asia struggles to track Wall St up after US jobs, Fed minutes

Asia struggles to track Wall St up after US jobs, Fed minutes …C0NTINUE READING HERE >>>

The softening US jobs market has given the Federal Reserve room to start cutting interest rates.
Photo: Frederic J. BROWN / AFP
Source: AFP

Stocks fluctuated in Asia on Thursday after Wall Street returned to winning ways on the back of softer-than-expected jobs data and minutes showing some Federal Reserve officials were open to an interest rate cut at their meeting last month.

The readings reinforced optimism that the central bank will begin unwinding its long-running monetary…

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