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Asia markets mostly fall as U.S. jobs report show room for more hikes; Adani saga continues - CNBC

Asia markets mostly fall as U.S. jobs report show room for more hikes; Adani saga continues - CNBC

Asia markets mostly fall as U.S. jobs report show room for more hikes; Adani saga continues - CNBC
Feb 06, 2023 33 secs

Nikkei reported that the Japanese government and ruling party officials have discussed the matter with the current deputy governor.

Japan's government will present to the parliament its central bank nominees to take the leadership role as Kuroda's term ends on April 8, the report added.

Retail trade volumes fell by 3.9% on a monthly basis, and rose 7.5% compared to the same period a year ago.

On Tuesday, the Reserve Bank of Australia announces its benchmark cash rate decision.

Economists polled by Reuters are expecting the central bank to hike by 25 basis points in February.

According to rate strategist Ben Jeffery at BMO, the fed funds futures showed a high 4.97% by June, up from 4.89% Thursday.

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