Asian stocks drop with the concentration of the US job report

Asian stocks fell after a limited scale session in Wall Street, as investors were warned before the US market was closed on Thursday and an upcoming issue of an important report on posts later this week. The shares have decreased in Japan, Australia and China, and US futures have also dropped. The shares of “Invidia” have dropped in the market trading after a report said that the Biden administration is planning an extra round of restrictions on the export of artificial intelligence chips. The dark expectations of the Chinese economy have doubled the pressure on the regional markets after the data showed that consumer inflation in China in December was more weakened against zero. Investors are also awaiting the US post report on Friday, which can emphasize the Federal Reserve of Monetary Policy. Meanwhile, US stock markets will be closed on January 9 for the sake of a national mourning day for the death of former President Jimmy Carter. The bond market will be closed at 14:00 New York. “The Chinese market and policy have reached a stage where we are close to the bottom,” Vincent Choi, head of wealth management in the Asia and the Pacific of Morgan Stanley, told Bloomberg. However, given the constant seriousness of US stocks, Choi added: “It could take longer to attract world investors to China.” As expected, the annual inflation in China has delayed to 0.1%, while producers’ prices fell by 2.3%, which is less than expectations. The Australian dollar is poor after retail sales rose less in November than expected, increasing the hypothesis of lowering interest rates next month. While the Japanese yen was slightly stronger at 158 ​​yen per dollar. The S&B 500 regained the psychological level at 5900 points on Wednesday after falling for a short time. The dollar has risen against most other major currencies. US government bonds completed $ 22 billion after a successful sale of bonds worth $ 22 billion, which led to some relief after recent sales. Reducing the frequency of employment and according to City Group, the options market is bet that the S&B 500 index will move by about 1.2% in any direction to the upcoming US post data. It is expected to be the biggest implicit movement on the day of the publication report since September. US businesses have probably reduced the rate of employment last month, to end a year of moderate growth in jobs that are still strong, and economists expect this trend to continue in 2025. A study conducted by Group “22 in research” has shown that most investors monitor more accurately than usual this week. Only 26% of participants believe that Friday -data will be a ‘positive risk’, while 40% said it is a ‘negative risk’, and 34% believe that the data will be ‘mixed/or not with influence’. “Investors want to see a return to the comfortable data that corresponds to the slowdown in the labor market, which helps support the recent increase in returns and stability of stability,” said Tom Jesse of the Sevens report. On the other hand, the recent records of the Federal Reserve have not revealed major changes, as officials have accepted a new position on lowering interest rates in light of the high prices of prices and decided to move slowly in the coming months. Meanwhile, federal reserve Christopher Waller said it believes inflation will continue to decline to the goal set by the central bank with 2%. The recent decline in equities and bonds could be exacerbated by traders’ concerns about the possibility of high inflation and interest rates, but the decline is unlikely to reach the maximum limits seen in 2022 when the markets suffered from the worst year since the global financial crisis, according to Mike Wilson of Morgan Stanley. The largest US stock strategy at the bank expects the first half of 2025 fluctuations, with an improvement in the second half of the year, according to its statements to TV “Bloomberg” TV. He added that the difference between the current situation and what it was in 2022 is that the Federal Reserve raised interest rates in 2022 at a rate of unlikely to be repeated in the near future.

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