Asian stock markets are trading mostly higher on Friday, following the mostly positive cues from global markets overnight, as traders remain cautious amid renewed uncertainty about the outlook for interest rates following the release of the minutes of the US Fed's latest monetary policy meeting earlier in the week. They now look ahead of the closely watched monthly US jobs report for further cues. Asian markets ended mostly lower on Thursday.
The Australian stock market is slightly higher on Friday, recouping some of the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving a tad above the 7,500 level, with gains is gold miners and financial stocks nearly offset by losses in energy and technology stocks.
For comments and feedback: editorial@rttnews.com