Reported about 5 hours ago
The recent US payrolls report has shifted the economic outlook from concerns of a hard landing to a more optimistic 'no landing' scenario, where a strong labor market persists despite declining inflation. This narrative has captivated traders globally, with Asian stocks following a positive trend, especially Japan's Nikkei, which surged by 2%. As the US dollar remains strong, central bank discussions in Europe hint at further easing, prompting significant attention on various economic indicators and speeches from policymakers.
Source: YAHOO