Asian Market Updates

Asian Markets Mostly Higher Amid Cautious Trades

Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from Wall Street overnight, with traders remaining largely cautious after data showing stronger than expected US private jobs growth points to continued strength in the labor market, which will see the lower interest rate hikes to continue. Asian markets ended mostly higher on Thursday.

Traders also await the key U.S. monthly jobs data due later in the day that could influence the US Fed's policy trajectory.

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by RTTNews Staff Writer

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