Reported about 1 month ago
Asian shares experienced mixed movements while the yen surged as investors remained anxious ahead of the crucial US jobs report, which could influence future rate cuts. European markets faced a lower open, and US futures dipped amid uncertainty. Analysts predict job growth of 160,000 and a drop in unemployment to 4.2%, but recent trends raise concerns about potential soft results, possibly leading to speculation about significant rate cuts. Additionally, oil prices are on track for their worst week since last year, influenced by demand concerns.
Source: YAHOO