Asian markets mixed as traders weigh US jobs data
newscatcher
2023-04-10 11:31
Asian markets mixed as traders weigh US jobs data
HONG KONG, China -Asian equities were mixed Monday in holiday-thinned trade after US jobs data indicated the Federal Reserve would likely have to hike interest rates again but soothed recent worries about a possible recession. The closely watched non-farm payrolls reading on Friday followed a string of figures last week showing the world's top economy was slowing down and dented investor sentiment. Focus is now on the release of inflation figures later this week, which will play a crucial role in the Fed's decision-making when it meets early next month.

https://business.inquirer.net/395199/asian-markets-mixed-as-traders-weigh-us-jobs-data

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