Non-farm payrolls shake up markets, here are the top 3 scenarios of what could happen.
By Reuters : Asian stocks posted their biggest daily rise in a month on Monday following modest gains in U.S. shares, though the greenback came under renewed pressure as Washington's political turmoil undermines confidence in U.S. economic policy.
By Reuters : Japan's exports were expected to rise for a fifth straight month in April, a Reuters poll found on Friday, supported by global demand especially from Asia and affirming the outlook for an export-led recovery.
By CNBC : Bitcoin broke through the $1,900 mark for the first time on Friday, hitting an all-time high, driven by global political uncertainty and key developments within the cryptocurrency world.
The digital currency was trading at around $1943.99 on Friday morning and had moved as high as $1934.24, according to Coindesk's bitcoin price index. The current level marks a more than 6.8 percent rise from a week ago.
BY Reuters : U.S. Treasury Secretary Steven Mnuchin told lawmakers on Thursday that he has some doubts that what are known as alternate scoring models will give enough credit to the potential for economic growth when assessing the impact of the Trump administration's tax plan.
BY Reuters : Asian stocks were slightly higher on Friday after a sluggish start, while the dollar held most of the gains it made overnight on strong U.S. economic data as some risk appetite returned despite caution over political turbulence in the United States.
By CNBC : Britain's benchmark stock index has soared by over a fifth since the post-Brexit referendum low it reached in late June, yet some believe the stunning momentum is soon set to fade.
The rally has been largely driven by the plummeting British pound since the Brexit vote which had fallen by as much as 19 percent against the U.S. dollar by its mid-January nadir and currently hovers around 12 percent lower. With around 70 percent of the index's constituents earning a significant portion of their income overseas, company results have been flattered by the tailwind accompanying the translation of these earnings back into the weakened sterling.
By Reuters : Swirling uncertainty over U.S. President Donald Trump's political future saw world stocks extend their steepest fall in over six months on Thursday, though there were signs of stabilization elsewhere as the dollar and gold steadied.
By Reuters : Asian stocks fell on Thursday and the dollar was stuck near six-month lows against a basket of currencies as uncertainty mounted over U.S. President Donald Trump's future following reports that he tried to interfere with a federal investigation.
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