Stocks got off to a lackluster start and the dollar was on the back foot in early Asian trading on Friday after downbeat results cast a shadow over Wall Street. MSCI's broadest index of Asia-Pacifi...
Mila Weaver's insight:
Markets were caught off guard last Friday when data showed U.S. jobs growth unexpectedly weakened, but concerns about the health of the world's largest economy were soon dispelled by subsequent upbeat data, including robust consumer spending.
Thursday's U.S. data showed the Philadelphia Fed's index of business conditions in the U.S. Mid-Atlantic region fell to its lowest level since April, while consumer prices rose the most in six months in December, in line with expectations.
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