Category Archive

Matt Clinch

KEY POINTS

• European markets advanced Monday as traders continued to assess the possibility of rate cuts after softer-than-expected U.S. jobs data.
• Friday’s U.S. nonfarm payrolls report showed 175,000 jobs were added in April, below the 240,000 jobs expected by economists surveyed by Dow Jones.

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Lim Hui Jie

Asia-Pacific markets tracked Wall Street gains on Monday as a softer-than-expected U.S. jobs report fueled hopes that the Federal Reserve could start cutting rates soon.

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