Asian Stocks Rise Following Wall Street; Bond Yields Decline Ahead of U.S. Payrolls

Reported about 9 hours ago

Asian stocks soared alongside Wall Street's record gains, while bond yields fell to four-month lows as anticipations grew for a Federal Reserve rate cut this month. Meanwhile, crucial U.S. jobs data is expected, with economists predicting modest job growth in August. Markets are bracing for this data, which could dictate the Fed's monetary policy direction, while oil prices continue to decline amid expectations of an upcoming OPEC+ meeting.

Source: YAHOO

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