Asia: Markets rise again as investors make most of feel-good vibe

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[HONG KONG] Asian markets rose again on Friday as the feel-good factor that fired investors the day before looked set to push into the weekend, fuelled by upbeat data and trade optimism. Read more at The Business Times.

The reports set the scene for the much-anticipated release of non-farm payrolls later Friday, which are closely watched for clues about the state of the world's top economy.

Alluding to an upcoming speech on Friday by Fed boss Jerome Powell, she told Bloomberg TV:"I suspect what we will hear from Powell is a very tepid commentary on the Fed's ability to provide monetary policy accommodation." Observers said markets might be able to calm down as China prepares for a week-long holiday to mark the 70th anniversary of its founding on October 1.

 

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