Asian share markets got off to a wary start on Monday ahead of a week brimming with economic news that should underline the relative outperformance of the United States and support the dollar’s ongoing bull run. The star of the U.S. line up is the December payrolls report on Friday, where analysts expect a rise of 150,000 with unemployment holding at 4.2%. Anything upbeat would support the case for fewer rate cuts from the Federal Reserve, and markets have already scaled back expectations to just 40 basis points for 2025.
Categories