Asian Stocks to Rise as Tech Lifts Wall Street: Markets Wrap
Equities in Asia climbed amid a rally in technology stocks, and the yen surged, ahead of crucial US jobs data due later Friday.
Equities in Asia climbed amid a rally in technology stocks, and the yen surged, ahead of crucial US jobs data due later Friday.
Hong Kong stocks are on their longest-winning streak since 2018, with a growing chorus of market watchers saying the worst of a years-long selloff is probably over.
Forecasters expect a monthly report on US employment to show strong job growth continued in April, even as wage pressures kept moderating.
Company pre-close calls with analysts are coming under scrutiny.
Turkish consumer prices probably grew at the fastest in over a year, as generous fiscal policies such as minimum wage hikes keep inflation pressures elevated despite a rapid cycle of monetary tightening.
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