Benchmark equity indexes advanced in Japan while futures in Hong Kong pointed to gains. Futures for US stocks edged higher after both the S&P 500 and Nasdaq 100 indexes climbed more than 1% on Friday. China’s financial markets reopen after a two-day holiday.
Asian markets fluctuated Monday as traders weighed the chances of the Federal Reserve cutting interest rates this year after a forecast-busting US jobs report dented hopes for a first move in June.The sliver of hope for a halt to fighting weighed on oil prices Monday, with both main contracts down more than one percent.
(Bloomberg) Asian stocks followed gains on Wall Street after better-than-expected US payrolls data on Friday. Oil fell as Israel said it would pull some troops out from Gaza.Most Read from BloombergTrumpism Is Emptying ChurchesRBC Fires CFO Ahn After Probe Into Personal RelationshipSaudis Scale Back Ambition for $1.5 Trillion Desert Project NeomThe Odds of $100 Oil Are Rising as Supply Shocks Convulse the MarketTurkey Joins NATO Allies in Suspending Europe Arms TreatyBenchmark equity indexes
Asian markets fluctuated Monday as traders weighed the chances of the Federal Reserve cutting interest rates this year after a forecast-busting US jobs report dented hopes for a first move in June.
Asia: Markets mixed as traders weigh rates outlook businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.