Investors will monitor Japan’s au Jibun Bank’s final reading on business activity in October, due later Monday.
Asia markets were set for gains Monday after a soft monthly jobs report from the United States helped ease bets that the Federal Reserve will continue to hike interest rates.Investors will monitor Japan's au Jibun Bank's final reading on business activity in October, due later Monday.is set to rise after a long weekend, with the futures contract in Chicago at 32,785 and its counterpart in Osaka at 32,330 against the index's last close of 31,949.89.U.S.
"It was a softer report that I think underscores the message that the market took out of the FOMC meeting this week — namely, that the Fed is very likely done hiking," he said, using the acronym for the Federal Open Market Committee.The TLT was up 1.2% in afternoon trading, meaning that the fund was already up more than 5% in November, which kicked off with Wednesday's Fed meeting.
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