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Marketmind: All eyes on U.S. employment report to set the tone

(Reuters) - A look at the day ahead in Asian markets by Alden Bentley, Americas Breaking News Editor for Finance & Markets Asian markets must wait ...

Marketmind: All eyes on U.S. employment report to set the tone

MORNING BID ASIA-All eyes on U.S. employment report to set the tone

A look at the day ahead in Asian markets by Alden Bentley, Americas Breaking News Editor for Finance & Markets Asian markets must wait over the weekend to trade on... -January 04, 2024 at 04:50 pm EST - MarketScreener

Marketmind: All eyes on U.S. employment report to set the tone

Marketmind: All eyes on U.S. employment report to set the tone

Asian markets must wait over the weekend to trade on U.S. December employment data, the first globally significant economic release of 2024 that comes out after they close on Friday. That underpinned the dollar, especially against the yen which also had a Nikkei selloff, an earthquake and a deadly aircraft collision to reckon with on its first day back from a holiday break. The question for financial markets is whether Friday's nonfarm payrolls release solidifies current futures betting on five or more rate cuts by the Fed, starting in March.

MORNING BID ASIA-Reluctance to resume buying before U.S. jobs report

A look at the day ahead in Asian markets by Alden Bentley, Americas Breaking News Editor for Finance & Markets The early 2024 shake out continued on Wall Street,... -January 03, 2024 at 04:49 pm EST - MarketScreener

Marketmind: Reluctance to resume buying before U.S. jobs report

Marketmind: Reluctance to resume buying before U.S. jobs report

The early 2024 shake out continued on Wall Street, after having spilled over into Asian trade on Wednesday, and marks a potential headwind for Japanese shares when they reopen on Thursday. But other Asian stock markets extended a global sell-off on Wednesday, while their currencies mainly fell against the dollar. Wednesday's U.S. release of the minutes from the December Federal Open Market Committee meeting barely moved the markets.