Asian markets swing ahead of US jobs, Tokyo hit by strong yen


HONG KONG: Asian markets fluctuated Friday (Dec 8) as traders tried to track a Wall Street rally ahead of crucial US jobs data, while Tokyo took a hit from an extended yen rally on bets Japan will drop its ultra-loose monetary policy.

A volatile week looked set to end on a positive note as a series of figures indicated the US labour market and economy were slowing, fuelling speculation the US Federal Reserve will be able to cut interest rates in early 2024.

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Asian , equities , Dec 8 , opening

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