U.S. jobs report cooled rate hike prospects while the MSCI index tracked Asia-Pacific shares.
2 reports, 1 independent
Updated Jul 3
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What happened
U.S. jobs report cooled rate hike prospects while the MSCI index tracked Asia-Pacific shares.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Cooler-than-expected US job growth data, coupled with improved gold buying interest, is influencing Fed rate hike expectations.Sub-event
- MSCI's Asia ex-Japan index climbed 2.43% as easing U.S. rate hike expectations lifted investor sentiment, benefiting markets like Bursa Malaysia.Sub-event
Jobs report tempered rate hike outlook; MSCI tracked Asia-Pacific shares.1 source
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- The Competitive Enterprise Institute analyzed the Federal Reserve's recent rate hike decision.
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