Asian stock markets are rising
On Monday, most Asian stocks surged sharply as mixed U.S. employment data solidified expectations that the Federal Reserve would maintain interest rates, while markets awaited further stimulus measures from China.
Following a strong lead from Wall Street on Friday, regional stocks reacted to mixed payrolls and unemployment data, indicating a cooling in the job market. This reduced the Federal Reserve's leeway to continue raising interest rates, reinforcing expectations that the central bank would keep rates unchanged in September and potentially for the rest of the year.
#KVBPRIMEGlobal# #KVBPRIMEVietnam# #KVBPRIME中文服务# #AsianMarket# #StockMarket#
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.