• MTS Futures News_PM_20160404

    4 Apr 2016 | SET News


Asian stocks rose with European index futures as investors maintained bets the Federal Reserve will proceed cautiously on raising interest rates, even as data show the world’s biggest economy is strengthening. Oil slid after Saudi Arabia backed away from a commitment to freeze crude output.

The MSCI Asia Pacific Index rose 0.5 percent after sinking 2.3 percent on Friday. New Zealand shares gained 0.5 percent, as did Singapore’s Straits Times Index. The Topix index rose 0.1 percent in Tokyo after fluctuating for most of the day.

Japan's Nikkei share average fell to a fresh one-month low on Monday as the dollar sagged against the yen despite a stronger-than-expected U.S. jobs report, while automakers skidded after posting disappointing sales.

The Nikkei dropped 0.3 percent to 16,123.27 points.


Reference: Bloomberg, Reuters


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