Asia shares rally as US job report seen dimming chance of Sept hike
Asian shares rose on Monday after a weaker-than-expected US jobs report prompted investors to trim expectations that the Federal Reserve would hike interest rates as early as this month.
MSCI's broadest index of Asia-Pacific shares outside Japan extended early gains and was up 1.4 per cent by midday.
Japan's Nikkei stock index surged 1.1 per cent to three-month highs, even as the dollar slipped against the yen despite Bank of Japan Governor
Haruhiko Kuroda's signal that the BOJ stands ready to ease monetary policy further.
US stock futures suggested a slightly firmer open on Wall Street later in the day, edging up 0.2 per cent.
Get more details here:-
Commodity Market Tips
Equity Tips
0 comments:
Post a Comment