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Asia Pacific stocks will fall.Korean market closed due to holidays

Singapore — Stocks in the Asia-Pacific region fell in trading Monday morning as investors monitored the market’s reaction to a major mistake in US employment data on Friday.

in Japan, Nikkei 225 While the Tokyo Stock Price Index was below the flat line, it fell 0.53%.

Elsewhere, Australian stocks have fallen. S & P / ASX 200 0.94% decrease.

MSCI’s widest non-Japanese Asia Pacific stock index fell 0.23%.

The Korean market is closed on Mondays due to holidays.

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The Ministry of Labor reported on Friday that US non-farm payrolls increased by just 194,000 in September, well below Dow Jones’ estimated 500,000. Meanwhile, the unemployment rate fell to 4.8%, surpassing expectations of 5.1%, the lowest since February 2020.

Currency and oil

NS USD indexTracking the greenback against the peer’s basket was 94.162 after a recent fall from the top of 94.2.

NS JPY It traded against the greenback at 112.26 per dollar, weakening from below 111.6 late last week. NS Australian dollar I changed my hand at $ 0.7296, which is above the level below $ 0.724 seen last week.

Crude oil prices were high in the morning of Asian trading hours on international benchmarks Brent Crude Futures $ 82.62 per barrel, up 0.28%. US Crude Oil Futures $ 79.72 a barrel, up 0.47%.

— CNBC’s Jeff Cox contributed to this report.

Asia Pacific stocks will fall.Korean market closed due to holidays

Source link Asia Pacific stocks will fall.Korean market closed due to holidays

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