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Asian stocks rally ahead of US jobs, Supreme Court ruling
- On January 9, 2026, Asian markets rose Friday after a two-day stutter, marking a reversal in the week's earlier weakness across regional exchanges.
- A report showed Chinese consumer prices rose 0.8 percent, the fastest pace since February 2023, lifting Shanghai and Hong Kong stocks, while oil prices extended gains after Thursday's rally.
- Seoul shares climbed to record highs this week, driven by tech optimism and earnings momentum, while Tokyo's Topix and the Shanghai Composite posted gains amid currency and earnings moves.
- Traders are bracing for two back-to-back risk events — payrolls and a court decision — that may sway near-term sentiment, with economists surveyed by Bloomberg expecting 70,000 new positions and a 4.5 percent unemployment rate.
- Beyond immediate moves, the Supreme Court case poses wider fiscal risks by challenging the White House's emergency powers and could force companies seeking reimbursement for tariffs, while money markets price at least two quarter-point cuts from the Fed in 2026.
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Stocks mixed ahead of US jobs, Supreme Court ruling
Asian markets were mixed Friday after a two-day stutter as traders look ahead to the release of crucial US jobs data and a possible Supreme Court ruling on Donald Trump's sweeping global tariffs.
·Calhoun, United States
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Markus Koch reports to LIVE before the start of trading in New York. US labour market data and Trump's tariffs are currently the focus of the Börsians. The post Markus Koch LIVE – US jobs and Trump tariffs appeared first on financemarktwelt.de.
Coverage Details
Total News Sources64
Leaning Left7Leaning Right9Center17Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 21%
C 52%
R 27%
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