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(Bloomberg) -- Chinese shares led losses in Asian equities on concern over a weak property sector and uncertain growth outlook. Most other regional benchmarks also fell as investors positioned for this week’s US inflation data and Federal Reserve policy decision. Most Read from BloombergRussia Is Sending Young Africans to Die in Its War Against UkraineMusk to Ban Apple Devices If OpenAI Is Integrated Into OSNYC Landlord to Sell Office Building at Roughly 67% DiscountInvestment Bank Moelis Probes

The American currency suffered two significant blows last week. Although these were not knockdowns, let alone knockouts, these minor shocks pushed the DXY Dollar Index down from 105.26 to 104.20 points, and EUR/USD up from 1.0766 to 1.0895.

Expectations for rate cuts by the U.S. central bank have been tempered as the year has progressed, as inflation has proven stickier, and some investors had begun to worry they might not materialize at all, sending markets lower in April.

WALL STREET'S main indexes were set to open higher on Friday after a softer-than-expected jobs report revived hopes of the Federal Reserve cutting int...

Employers added 175,000 jobs last month, below economists' expectations for a 243,000 increase. Wages increased 3.9% in the 12 months through April, below expectations for a 4.0% gain after rising 4.1% in March.