"Global Markets React to US Payrolls and Earnings: Updates and Analysis"
TL;DR Summary
Asian shares and the dollar remained steady as investors assessed the impact of a strong US jobs report on potential Federal Reserve rate cuts. Oil prices fell as Middle East tensions eased, while gold prices continued to rally. Resilient economic data have led to reduced expectations of a June rate cut, with July now seen as the likely starting point for easing. Investors are closely watching US inflation data and Treasury yields, with the possibility of a reassessment of rate cut expectations based on upcoming trends.
Topics:business#asia-pacific-shares#finance#inflation#interest-rates#treasury-yields#us-federal-reserve
- Asia stocks muted and dollar steady, US payrolls dent Fed rate cut wagers Reuters
- Stock Market Today: Dow, S&P Live Updates for April 8 Bloomberg
- Asian Shares Advance After US Gains, Oil Falls: Markets Wrap Yahoo Finance
- Another month of robust US job growth points to continued economic strength The Associated Press
- Stock market today: Asian shares mostly rise as investors look to earnings and inflation signs The Hill
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
3 min
vs 4 min read
Condensed
88%
721 → 86 words
Want the full story? Read the original article
Read on Reuters