Asian stocks edge up as investors brace for US jobs data; oil slips on demand worries

Thursday, 3 July 2025
Asian shares saw modest gains as investors awaited crucial US jobs data, hoping for signals of Federal Reserve rate cuts. Wall Street's record closes, spurred by a new US-Vietnam trade deal, boosted global trade optimism. However, China's slowing services activity and concerns over US consumption tempered gains, highlighting the high stakes surrounding the upcoming jobs release.

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Asian stocks tick higher; oil slips on OPEC+ output hike concerns

Asian equities saw modest gains amid US tariff uncertainty and anticipated OPEC+ crude supply increases. Investors are cautiously awaiting a US Senate vote on...
IndiaTimes on July 1, 2025

Asian stocks edge up as investors brace for US jobs data; oil slips on demand worries

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Asian stocks tick higher; oil slips on OPEC+ output hike concerns