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International Business Times
International Business Times
Business
AFP News

Asian Markets Swing As Traders Eye Major US Jobs Report

Investors were biding their time ahead of the release of US jobs data, which is due later in the day (Credit: AFP)

Asian markets fluctuated Friday and investors trod cautiously ahead of US jobs data that could play a key role in the Federal Reserve's plans for cutting interest rates, with the bank's next policy decision looming next week.

The mood on trading floors has ebbed and flowed for weeks as dealers try to read the leaves on the Fed, with the latest labour market data suggesting it was finally softening, giving decision-makers room to begin loosening monetary policy.

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