Asian markets swing as traders eye US jobs, earnings

Written by on October 3, 2022

Issued on: 03/10/2022 - 04:56Modified: 03/10/2022 - 04:53

Hong Kong (AFP) – Stocks drifted in Asia on Monday as investors await key US jobs data, while girding themselves for a corporate earnings season many fear will highlight the impact of surging inflation and interest rates.

A report showing prices rose in the eurozone at a record pace last month added concerns that central bank tightening has a long way to go, while Federal Reserve vice chair Lael Brainard said US officials would not pull back too early.

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