Asian markets mixed ahead of US jobs report, affecting Federal Reserve's rate decisions.

Asian markets showed mixed performance as traders awaited a crucial US jobs report, which could influence the Federal Reserve's interest rate decisions at their September 18 meeting. Most analysts anticipate a 25-basis-point cut, but a significantly poor jobs report might prompt a larger 50-basis-point reduction, heightening recession concerns. Recent US economic data has not altered these expectations, keeping investors cautious.

September 06, 2024
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