ECONOMY & MARKETS

Investors will be keeping a close watch on the release of US jobs figures

Why Stocks Rallied On A Solid Jobs Report

A solid jobs report is usually unfavorable for equities, as it raises fears of further interest rate hikes to ease inflation pressures. Thus, the spike in the U.S Treasury bond yields sent stocks sharply lower in pre-market and early regular trading on Friday.
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Markets fell after a senior Federal Reserve offical indicated the central bank was likely to keep rates higher for longer

Asian Markets Fall On Rate Concerns

Asian markets fell Tuesday on concerns over interest rates following hawkish comments by a senior Federal Reserve official indicating the central bank was likely to keep them higher for longer.
Bank of Japan governor Kazuo Ueda (C) and the policy board stood pat on monetary policy and said it stood ready to ease further if necessary

Japan Sticks To Ultra-loose Monetary Policy

The Bank of Japan stuck to its ultra-loose monetary policy Friday, though officials face increasing pressure to turn more hawkish as the yen weakens and after fresh data showed inflation remained stubbornly high.

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