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Stocks Wobble as Traders Eye uS Payrolls Data, Yen At 2 month High
Adolph Cruickshank redigerade denna sida 3 månader sedan
HK stocks set for strongest weekly efficiency in 4 months
Yen at 2 month high on increasing bets on rate walkings this year
Gold steady near record peak, oil set for 3rd weekly drop
By Ankur Banerjee
SINGAPORE, Feb 7 (Reuters) - Global stocks meandered on Friday ahead of key U.S. payrolls information as financiers considered potential customers that a broader trade war might be prevented, while the yen struck its highest in almost 2 months on increasing chances of more rate walkings in Japan this year.
In a week that started with U.S. President Donald Trump kicking off a trade war, investors have actually been hesitant in making significant moves as threatened duties on China were carried out.
Beijing’s determined tit-for-tat action has actually left room for negotiations, analysts state, and that has actually enabled traders to focus on the AI theme in China in the wake of home-grown start-up DeepSeek’s breakthrough.
European futures pointed to a controlled open after the pan-European STOXX 600 index closed at a record high on Thursday on the back of robust business incomes.
European stocks have actually staged their finest efficiency in a years against Wall Street in the first six weeks of 2025, but focus is now on whether those gains can be sustained.
Eurostoxx 50 futures were down 0.41%, while FTSE futures fell 0.39%. DAX futures reduced 0.21%.
Futures for Nasdaq and S&P 500 were down about 0.2% as shares of Amazon slipped in extended trading overnight on weakness in the retailer’s cloud computing system and soft projection.
In Asia, Hong Kong’s Hang Seng Index struck a three-month high, [forum.batman.gainedge.org](https://forum.batman.gainedge.org/index.php?action=profile
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