Asian Equities Higher Before U.S. Jobs Data

Asian shares rose on Friday, despite a mixed finish on Wall Street overnight. However, was subdued ahead of the closely-watched U.S. nonfarm payrolls report.

U.S. stocks saw a mixed finish on Thursday on the back of economic data. Weekly jobless claims declined to 323,000, marking the lowest reading in three months, while new orders for American factory goods fell in January.

The blue-chip Dow gained 0.4 percent, while the S&P 500 added 0.2 percent, while the Nasdaq fell 0.1 percent.


This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.