Asia markets mixed as traders nervously await US jobs report
Market sentiment in Asia remains fragile today at the end of a volatile week. – EPA pic, August 4, 2023.
ASIAN markets were mixed today at the end of a volatile week, with a fresh spike in US Treasury yields weighing on Wall Street and traders still concerned about the Federal Reserve’s interest rate plans. The euphoria of last week – fuelled by optimism the US central bank’s tightening cycle was over and China’s pledges of economic stimulus – has given way to uncertainty again, as analysts warned the road ahead remained bumpy.
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