Stocks rose and bonds stayed under pressure as Chinese data kept investors upbeat on the global economy following strong U.S. hiring figures.
Equities climbed from Sydney to Hong Kong, and U.S. and U.K. index futures also advanced. Chinese shares were lower even though producer prices showed robust demand in Asia’s largest economy. The yen was near a two-month low as investors assessed the latest poor approval ratings for Japan’s Prime
Minister Shinzo Abe, while Bank of Japan Governor Haruhiko Kuroda said the economy was turning toward moderate expansion and reiterated that policy could be adjusted as needed.
Source: Bloomberg Pro Terminal
Jr Trader Alexander Kumanov
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