Investors remain cautious ahead of U.S. jobs data that could make or break the case for further rate hikes
Staff Writer, Reuters News
September 1, 2023
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Asia stocks edge higher as China acts on housing, yuan weakness
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.15%, while Japan’s Nikkei was up 0.45%
Dollar set for weekly loss as crucial US jobs data looms
The U.S. dollar index edged 0.05% lower to 103.58
Oil set to snap two-week losing streak on tightening supplies
Major benchmarks rose slightly, with the U.S. West Texas Intermediate crude up 13 cents, or 0.2%, at $83.76 a barrel
Gold rises, set for second weekly gain as focus flips to US jobs data
Spot gold gained 0.2% to $1,942.56 per ounce
US Stocks: Wall Street ends mixed as inflation data buoys optimism
The Nasdaq gained 0.11% to 14,034.97 points
Bitcoin falls 4.91% to $25,957
Bitcoin is down 18.4% from the year’s high of $31,818 on July 13
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