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Asian markets rose Monday after a blockbuster US jobs report soothed any concerns about the world’s top economy. At the same time, 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 fears of a region-wide war in the Middle East. All three main indexes on Wall Street rallied […]
Asian markets were mixed Monday, with optimism over an expected US interest rate cut offset by worries over the Chinese economy following the release of more disappointing data. After a strong finish on Wall Street, where all three indexes ended sharply higher, Asia struggled to match up. Tokyo, Sydney, Singapore, Seoul, Mumbai, Manila, Wellington and Jakarta rose but Hong Kong, Bangkok and Taipei fell. London, Paris and Frankfurt all fell […]
Asian and European markets rose Friday after a record day on Wall Street, boosted by a strong round of United State data that reassured investors over the health of the world’s top economy, while focus turns to the release of key inflation figures. With the much-hyped earnings report from bellwether chip titan, Nvidia, now in the rearview mirror, traders are once again able to concentrate on economic matters and the […]
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