Investors have been hesitant in making major moves as threatened duties on China were implemented
NEW YORK/SINGAPORE - Asian stocks inched up on Friday ahead of key US payrolls data as investors considered prospects that a broader trade war could be averted, while the yen hit its highest in nearly two months on rising odds of more rate hikes in Japan this year.
Hong Kong's Hang Seng Index rose 0.17% on Friday, poised for an over 3% rise in the week, its strongest weekly performance since early October when investors were enthused by the prospect of big stimulus plans from Chinese authorities. Overnight, US stocks were mixed at the end of a choppy session as investors assessed a spate of earnings, with shares of Amazon slipping in extended trading on weakness in the retailer's cloud computing unit and soft forecast.
"Markets could face some volatility around the data if it beats expectations, but it won't change the path of the FOMC policy as more data will be needed," said Anderson Alves, a trader with ActivTrades.
US Payrolls Data Business Shares
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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