"Market Optimism Soars as Investors Brace for US Payrolls Impact"

1 min read
Source: Reuters
"Market Optimism Soars as Investors Brace for US Payrolls Impact"
Photo: Reuters
TL;DR Summary

Bond selling has temporarily subsided as investors await U.S. jobs data that could influence interest rate decisions. Oil prices have also eased, providing relief. Asian shares outside Japan rose, while Tokyo's Nikkei remained flat. The dollar is on track for its 12th consecutive week of gains, with the euro and sterling near lows. The yen showed resilience after a sudden jump raised intervention speculation. Gold prices stabilized after nine days of losses. The market awaits labor market data and U.S. Treasury supply and CPI data for further direction.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

2 min

vs 3 min read

Condensed

83%

52788 words

Want the full story? Read the original article

Read on Reuters