Asian share markets remained steady on Monday as investors awaited a crucial U.S. jobs report, which could influence the extent of the Federal Reserve's anticipated interest rate cut. The dollar firmed, reaching a two-week high against the euro, as traders reduced their expectations for aggressive policy easing by the Fed. Bond yields drifted higher on Tuesday, while currencies and Asian stock markets steadied, reflecting investor caution ahead of the data release. The ten-year Treasury yields saw a slight increase, underscoring the market's sensitivity to the upcoming U.S. economic indicators.
Stocks on tiptoes ahead of US payrolls, dollar creeps higher https://t.co/1FUOQAScSN
Asian markets drift ahead of key US figures, eyes on China https://t.co/g6KTrFiTQO
🔵 STOCKS TIPTOE TOWARDS US MANUFACTURING, JOBS DATA Bond yields drifted higher on Tuesday, while currencies and Asia's stock markets steadied as investors waited on a raft of data to determine how deeply the U.S. can cut interest rates. Ten-year Treasury yields were slightly… https://t.co/1PRwc5T164