Concern over US labour market not cooling off but dollar shapes up
Tokyo — Asian equities gained on Friday while the dollar hovered near a one-month high as investors braced for crucial US jobs data later in the day that should provide clues on how aggressive the Federal Reserve will be in tightening policy.
US E-mini stock futures ticked up 0.35%, pointing to a small bounce after the 1.16% overnight slide for the S&P 500. According to a Reuters survey of economists, nonfarm payrolls are forecast to show on Friday that 200,000 jobs were created in December, easing from November’s 263,000 pace.
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