(Bloomberg) — The Asian stock market saw a rise following the release of better-than-expected US payroll data, indicating a strong economy and boosting investor confidence.
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Equity indices in various regions showed gains, while US 10-year yields approached the crucial 4% mark, with investors scaling back expectations of significant interest rate cuts by the Federal Reserve. Asian currencies depreciated against the dollar, particularly Indonesia’s
The current market trends reflect the resilience of the US
2024-10-06 22:49:16
Originally published on finance.yahoo.com
