Asian stocks follow Wall Street gains after encouraging US labor market data calms economic jitters
Asian stocks rose on Friday after U.S. stocks fell on Thursday in Wall Street’s latest sharp reversal following a better than expected report on unemployment eased concerns about the Economic slowdown. US futures and oil prices changed little. In Tokyo,…
USD/CAD hovers near multi-week low, Canadian labor market data provides new impetus
USD/CAD remains weak for the fifth consecutive day ahead of Canadian labor market data. Rising oil prices are supporting the loonie and weighing on the pair amid a slight decline in the USD. Spot prices are expected to record weekly…
