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Asian markets mixed as traders eye US jobs data
Investors awaited U.S. non-farm payrolls and a Supreme Court tariff ruling while Asian markets showed mixed performance amid geopolitical tensions and trade probes.
- On Thursday, Asian markets were mixed with Tokyo, Hong Kong, Singapore, Wellington and Jakarta down as investors awaited US jobs data, while Stephen Innes said, `Attention is fixed squarely ahead, with Friday's jobs report sitting dead centre in the crosshairs`.
- Amid rising geopolitical risk, traders reassessed exposures after the United States took actions in Venezuela and China launched an anti‑dumping probe against Japan, said Stephen Innes.
- Corporate results and supply news moved markets as oil edged up after reports Venezuela would send the United States millions of barrels and Seoul hit records even as Samsung forecasted a $13.8 billion profit.
- With US data pending, Asian markets diverged as the Dow and S&P 500 came off record highs, with Hong Kong's Hang Seng down 1.2 percent at 26,132.26 and Shanghai's Composite up 0.1 at 4089.17.
- Traders are watching events due Friday, including a Supreme Court ruling on the legality of Donald Trump's tariffs and the non‑farm payrolls report guiding Federal Reserve decision‑makers at the end of the month.
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25 Articles
25 Articles
Coverage Details
Total News Sources25
Leaning Left2Leaning Right3Center9Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
14%
C 64%
R 22%
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