Asian markets track Wall St rally on jobs data …C0NTINUE READING HERE >>>
Japanese stocks were boosted as the dollar rallied against the yen after US jobs data tempered expectations for another big interest rate cut by the Federal Reserve this month.
Photo: Richard A. Brooks / AFP
Source: AFP
Asian markets rose Monday after a blockbuster US jobs report soothed any concerns about the world’s top economy, while the dollar held gains with traders scaling back bets on another bumper interest rate cut.
Oil prices edged down as traders await Israel’s response to Iran’s missile barrage last week amid ongoing fears about a region-wide war in the Middle East.
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