Asia markets are mixed ahead of Fed and BOJ decisions this week; Australia and China


View of the headquarters of the Bank of Japan in Tokyo.

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Asia-Pacific markets were mixed on Monday after a stronger-than-expected U.S. jobs report on Friday revealed hiring and wage growth picked up in May.

This adds to the narrative the Fed doesn’t have to rush to lower interest rates. Traders don’t expect the Federal Open Market Committee to cut rates at its meeting this week or the next meeting in July.



Read More: Asia markets are mixed ahead of Fed and BOJ decisions this week; Australia and China

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