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HomeBusinessAsian stocks edge up before U.S. jobs data, defying Wall Street selloff

Asian stocks edge up before U.S. jobs data, defying Wall Street selloff

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By Kevin Buckland
TOKYO (Reuters) – Asian equities gained on Friday while the dollar hovered near a one-month high as investors braced for crucial U.S. jobs data later in the day that should provide clues on how aggressive the Federal Reserve will be in tightening policy.

Japan’s Nikkei rose 0.39%, while South Korea’s Kospi jumped 0.77%. Australia’s stock benchmark was 0.56% higher.

Hong Kong’s Hang Seng rallied 0.6%, although mainland blue chips

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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