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Sri Lanka Equity Forum » Stock Market News » ASIA Shares FALTER as Market await US Jobs Data

ASIA Shares FALTER as Market await US Jobs Data

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peacockman


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Asia shares falter as markets await U.S. jobs data Asian shares slipped on Friday as investors braced for U.S. employment data that is expected to bolster the case for a Federal Reserve interest rate increase as early as next month. European stocks were set to be little changed on the open, with financial spread betters expecting Britain's FTSE 100 .FTSE to start the day flat to 0.2 percent higher, Germany's DAX .GDAXI to see a possible fall or gain of 0.1 percent, and France's CAC 40 .FCHI to open flat to slightly weaker. MSCI's broadest index of AsiaPacific shares outside Japan edged down about 0.4 percent at 0620 GMT, though it remained on track for a 0.8 percent weekly rise. Japan's Nikkei .N225 closed up 0.8 percent, ending the week up almost 1 percent. The Shanghai Composite .SSEC extended earlier gains to climb almost 2 percent, putting it on track for a jump of 6.2 percent for the week. Wall Street marked modest losses after a mixed spate of earnings, as investors awaited the non-farm payrolls report later this session. 

see m ore at : [url=reuters.com]reuters.com[/url]

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