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Asian equities were subdued on Friday (February 5) and the dollar wobbled ahead of the closely watched U.S. jobs report, which could provide clues on the Federal Reserve’s monetary policy outlook. The markets will look to the U.S. jobs data for direction, with the employment report expected to how employers adding 190,000 jobs in January, the median estimate of 108 economists polled by Reuters. Japan’s benchmark Nikkei stock average was down 1 percent despite an […]
(Reuters) – Asian markets were torn two ways on Monday, some following Wall Street lower but others encouraged by U.S. jobs data that hit the sweet spot for many investors — firm enough to soothe concerns about the health of the U.S. recovery but not so strong as to hasten the end of policy stimulus. The immediate outlook was clouded by a momentum-driven fall on Wall Street and a rise in the yen against the […]
