asian shares mixed in quiet trade before us jobs
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Asian shares mixed in quiet trade before US jobs

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Asian shares mixed in quiet trade before US jobs

Asian markets were mixed
Hong Kong - AFP

Asian markets were mixed on Friday in holiday-thinned trade as investors look ahead to the release of US jobs data later in the day, while Shanghai retreated on profit-taking after a recent rally.
Wall Street provided a positive lead following another round of upbeat US indicators, although the dollar dipped against the yen.
Tokyo edged up 0.37 percent and Seoul gained 0.30 percent.
Shanghai slipped 0.85 percent after surging to seven year highs over the past month on hopes for fresh monetary easing by China, while Kuala Lumpur was flat.
Hong Kong, Jakarta, Singapore, Mumbai, Sydney, Wellington, Manila and Taiwan were closed for public holidays.
With few catalysts to drive trade, investors are biding their time until the release in Washington of the US non-farm payrolls figures, which will be pored over for clues about the Federal Reserve's timetable to hiking interest rates.
"We're likely to be in a wait-and-see mode today" before the jobs report and given the holidays, Juichi Wako, a senior strategist at Nomura Holdings Inc. in Tokyo, told Bloomberg News.
Friday's report is expected to show the economy added a strong 250,000 jobs last month, compared with 288,000 in February, while the jobless rate is forecast to remain unchanged at 5.5 percent.
On Wall Street the three main indexes advanced after data showed jobless claims fell last week, suggesting more tightening in the labour market, while the trade deficit shrank to a more than five-year low, which analysts said should give a boost to first-quarter economic growth.
The Dow added 0.37 percent, the S&P 500 gained 0.35 percent and the Nasdaq rose 0.14 percent
While the Fed is expected to raise rates by the end of the year, there is no consensus on exactly when they will go up. The chances of an early summer hike have been dampened by some soft economic figures over the past month, including this week's weak private-sector jobs figures and easing manufacturing growth.
In forex trade the dollar edged down to 119.67 yen early Friday from 119.77 yen in New York late Thursday.
The euro slipped to $1.0869 and 130.06 yen from $1.0879 and 130.30 yen in US trade.
Oil markets were closed for trade Friday.
Crude prices tumbled Thursday after six world powers and Iran announced they had agreed on a framework to curb the Islamic republic's nuclear drive.
With the tentative deal, if confirmed, likely to allow Iran crude exports back on the markets, Brent North Sea crude, the global benchmark contract, slumped $2.15, settling at $54.95 a barrel.
US benchmark West Texas Intermediate shed 95 cents to close at $49.14.
Gold fetched $1,197.48 against $1,203.48 late Thursday.

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 shares mixed in quiet trade before us jobs asian shares mixed in quiet trade before us jobs

 



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 shares mixed in quiet trade before us jobs asian shares mixed in quiet trade before us jobs

 



GMT 05:14 2024 Wednesday ,07 February

Sophisticated Classic Dining Room Design Ideas

GMT 13:03 2017 Wednesday ,22 March

Germany should ditch austerity, embrace EU investment

GMT 18:58 2016 Monday ,07 November

Brexit a godsend for satirists

GMT 11:57 2017 Monday ,25 December

King Mohammed VI Sends a Message to Saudi King

GMT 08:22 2017 Tuesday ,27 June

OPEC daily basket price for Monday

GMT 11:56 2015 Monday ,04 May

UN invites Sudan to help talk Libyan parties

GMT 08:53 2017 Monday ,08 May

Expat remittances in UAE hit AED37.1 billion

GMT 23:19 2017 Tuesday ,26 September

Yemen’s Hadi accuses Houthi militants

GMT 15:43 2013 Wednesday ,10 July

Rodial teams up with Mary Katrantzou

GMT 07:38 2012 Sunday ,04 March

Fruit extract helps weight loss

GMT 18:32 2012 Tuesday ,10 January

2012 BMW X3, recently redesigned

GMT 17:50 2017 Thursday ,14 September

Get your fitness report in 30 seconds
 
 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