"Global Markets Await US Payrolls, Trade Mixed Amid Fed Rate Speculation"
Asian stocks showed limited movement as investors awaited the release of U.S. nonfarm payrolls data for potential signals on future interest rate cuts by the Federal Reserve. The week saw overall losses in Asian markets, influenced by profit-taking and skepticism about early rate cuts by the Fed. Chinese stocks continued to underperform, while Japanese, Australian, and South Korean markets also faced weekly declines. Indian stocks remained steady with expectations of positive GDP growth estimates, while the likelihood of a Fed rate cut in March decreased according to market pricing.