Economic TimesLean R·
Global Market Today: Asia stocks edge higher, oil up amid Gulf confusion
Asian share markets followed Wall Street higher after a soft US jobs report. Oil prices increased slightly due to stalled Gulf peace talks and shipping lane concerns. Investors anticipate US inflation data, which could influence Federal Reserve interest rate decisions. Strong corporate earnings, particularly in AI, boosted Nasdaq futures last week. Bond yields saw a slight rise as markets prepared for new debt issuance.
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