Asia shares mostly higher, plenty of risk ahead


SYDNEY: Most Asian markets made guarded gains on Monday, encouraged that Wall Street was able to weather a seemingly disappointing US jobs report, though there was more than enough event risk ahead to keep investors cautious.

Crucially, the new head of the Federal Reserve, Janet Yellen, delivers her first testimony to the House on Tuesday and the Senate on Thursday, and markets will be hoping for reassurance that policy will stay loose for a long time to come.

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