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Asian markets cautious as economic data looms, dollar strengthens

share-iconMonday, January 06 comment-icon3 weeks ago 8 views
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reutersREUTERS
Asian markets cautious as economic data looms, dollar strengthens

Credited from: REUTERS

  • Asian share markets are starting **cautiously** on Monday due to a week filled with crucial economic news.
  • The **U.S. payroll report** is anticipated to reveal a 150,000 job increase, maintaining an unemployment rate at **4.2%**.
  • This week’s economic indicators include **ADP hiring**, job openings, and inflation figures from the **EU and Germany**.
  • The **dollar index** is noted at **108.950**, reflecting a nearly **0.9%** increase last week, while euro holds near a **26-month low**.
  • Crude oil prices receive support from colder weather, with **Brent crude** rising to **$76.70** per barrel.

For more details, visit the original article at Reuters.

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