asian markets higher ahead of us jobs data
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Asian markets higher ahead of US jobs data

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Asian markets higher ahead of US jobs data

Asian markets climbed after previous day's losses, with Hong Kong adding 0.50%
Hong Kong - AFP

Asian markets climbed on Thursday after the previous day's losses, with expectations for a Federal Reserve interest rate hike further dampened by a weak set of US data.
The disappointing figures out of Washington also pushed Wall Street lower and weighed on the dollar but attention is now on the release of a key US job report on Friday.
Tokyo rallied 1.17 percent, Hong Kong added 0.50 percent, Sydney put on 0.68 percent and Seoul 0.42 percent higher, with Shanghai advancing 0.33 percent.
Analysts warned of some rocky weeks ahead after a strong rally across global equity markets in the first three months of the year as Greece attempts to reform its bailout and oil prices struggle.
Expectations for an early summer US rate hike were all but dashed Wednesday after the release of the latest US indicators that included growth in the manufacturing sector slowing for the fifth straight month in March and construction spending dipping in February, led by a decline in public construction.
Also, payrolls firm ADP said 189,000 private sector jobs were created in March, below the 200,000-mark for the first time since January last year.
The Dow fell 0.44 percent, the S&P 500 dipped 0.40 percent and the Nasdaq lost 0.42 percent.
And on currency markets the news weighed on the dollar, which fetched 119.63 yen in Tokyo Thursday, against 119.76 yen in New York.
Investors will be now closely watching Friday's non-farm jobs figures to see if the economy remains strong enough to absorb a rate hike.
"You've got payrolls tomorrow and you've still got the backdrop of Fed rate hikes that I think will come later, rather than sooner," Mark Lister, head of private wealth research at Craigs Investment Partners Ltd., told Bloomberg News.
"It will be tougher and more volatile from here."
The euro bought $1.0754 and 128.65 yen, compared with $1.0760 and 128.86 yen. The European single currency continues to hold up as Greece tries to convince its international creditors to accept proposals reforming its bailout programme.
On oil markets US benchmark West Texas Intermediate eased 55 cents to $49.54 while Brent slipped 53 cents to $56.57.
Gold fetched $1,202.58 against $1,183.55 late Wednesday.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

asian markets higher ahead of us jobs data asian markets higher ahead of us jobs data

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

asian markets higher ahead of us jobs data asian markets higher ahead of us jobs data

 



GMT 09:58 2016 Wednesday ,23 March

cartoon four

GMT 10:16 2016 Wednesday ,23 March

cartoon five

GMT 11:03 2018 Tuesday ,23 January

No end to eyesores at Taj Mahal

GMT 07:40 2018 Monday ,15 January

C&A fashion chain eyes sale to Chinese investors

GMT 10:30 2017 Thursday ,02 November

Britain’s Aston Martin is performing

GMT 11:30 2017 Saturday ,02 September

Chinese Vice-Premier leaves the Country

GMT 00:48 2011 Thursday ,06 October

Modern fairy tale unfolds in London

GMT 09:30 2017 Thursday ,21 September

21 ISIS militant were killed in suicide attack in Hama

GMT 23:45 2018 Tuesday ,23 January

Europe in the pink of health, feels Bjorn

GMT 13:16 2018 Friday ,19 January

Rafael Nadal into fourth round of Australian Open

GMT 18:10 2016 Monday ,31 October

PTI supporters planned to occupy secretariat

GMT 07:08 2017 Thursday ,21 December

Blinded in one eye, Syrian baby becomes symbol of siege

GMT 12:01 2017 Sunday ,17 December

S.Africa's troubled ANC meets to elect new leader

GMT 19:26 2013 Friday ,29 November

Bosch plans 110 car service centres in GCC

GMT 12:51 2017 Monday ,08 May

1 in 8 road deaths is a child in Oman

GMT 01:23 2017 Sunday ,28 May

RAK's tourism sector on a roll

GMT 17:20 2011 Thursday ,11 August

Moroccans flying EA increase
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice