Asian stocks move with caution and waiting for the issuance of US work data

Asian stocks have recorded limited movements, at a time when investors avoided taking long -term racial bets before the US work data was released on Friday. A regional index rose 0.1% with the rise of South Korean shares to the third consecutive session, while the Japanese indicators decreased. The shares in Hong Kong rose 0.8%, while the shares on the Chinese continent did not see a significant change. The return of the US Treasury has also increased by one basis for ten years. The Bonds saw a wave of climb next to the curve on Wednesday, after data that showed a contraction in the US service sector, and delayed in service. In Japan, the demand for government bonds for 30 years was weaker than the annual average, which increased concerns about the global increase in yields, and the government’s pressure on the government plan increased. Commercial pressure and concerns of slowdown in the markets indicate ‘Big Book’, issued by the federal reserve that the US economic activity has decreased slightly over the past few weeks, reflecting the impact of customs duties, and the high condition of uncertainty spreading by the economy. However, a global stock index closed at a record level on Wednesday, amid speculation that the worst was behind us, after the unrest caused by President Donald Trump’s announcement of the “Liberation Day” fees that were Mutual two months ago. “The market movement has become less violent since liberation day,” said Christina Won, a portfolio of ‘estring -synthesting’, in an interview with Bloomberg. The ISM Services Institute Index has decreased below 50 points, separating the expansion and contraction. The functions of the slow pace increased two years ago. The Non -Agricultural Work data scheduled for Friday is expected to provide more clarity on the status of the labor market. US mortgage returns for two years that were recorded their lowest level on Wednesday May 9 to ten years after the services index indicated the first contraction in a year. The exchange contractors, who bet on the Federal Reserve interest changes, have won a greater possibility of implementing two reductions by a quarter percentage point for each reduction before the end of the year, which begins in October and December. The possibility of a September reduction has risen to more than 90% compared to about 82% before. The eyes are on their way to Europe and Japan, as after fluctuations continue on Thursday, the European Central Bank is expected to make its decision on interest rates. Meanwhile, a special survey showed that China’s service sector activity expanded faster in May, citing the stability of the consumer economy, at a time when high US graphics threatened exports. In Japan, traders focused on the bond auction. Poor demand in bond sales for 20 and 40 years at the end of last month raised investors ‘concerns about buyers’ shortage of long deadlines, which issued a new warning to the government about the need to review the plans that issue. Kevin Zao, head of the Sovereign Bond and Global Currency Unit at UBS Asset Management, suggested that Japan stop the long -term effects to stop the last sale wave. “It’s time for the finance ministry to realize this structural shift in demand for long -term state bonds,” Zao said in an interview.