The Traderszone Network

Published in TZ Latest News 5 February, 2015 by The TZ Newswire Staff

Asian shares tread cautiously ahead of U.S. payrolls

Asian shares edged higher on Friday and oil prices continued to rebound but investors remained wary ahead of the U.S. nonfarm payrolls report for January later in the session. MSCI’s broadest index of Asia-Pacific shares outside Japan was up about 0.1 percent, on track for a weekly gain of more than 1 percent. “The main focus for the market is whether earnings bounce back as expected, after last month’s surprise drop,” said Ayako Sera, market strategist at Sumitomo Mitsui Trust Bank in Tokyo.

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