Asian stocks ended mixed on Monday after an upbeat U.S. jobs report lifted bond yields and the dollar. Investors now await July inflation readings and the Jackson Hole meeting for additional clues to the Fed's thinking on inflation, employment and the interest rate outlook. Japanese markets were closed for the Mountain Day holiday.
Chinese shares rose sharply despite trade data out over the weekend coming in below expectations. Separate data showed consumer inflation slowed to 1 percent in July, offering no barrier to more policy stimulus. Factory-gate inflation surged again to 9 percent in July as commodity prices climbed.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com