Asian markets edge up as traders weigh US jobs data | The Malaysian Insight

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Asian markets edge up as traders weigh US jobs data | The Malaysian Insight
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Asian markets edge up as traders weigh US jobs data

Stock markets in Tokyo, Shanghai, Seoul, Singapore and Taipei rise but Jakarta shares inch down. – EPA pic, April 10, 2023.

ASIAN equities rose today 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.

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