HONG KONG: Markets ended mixed on Monday and the dollar held big gains as a blockbuster United States jobs report ramped up bets that the Federal Reserve (Fed) would announce more sharp interest rate hikes as it tries to tame runaway inflation.
While the employment reading — which was more than twice as high as expected — indicated that the world's top economy remained resilient despite rising prices and borrowing costs, it would complicate the US central bank's plans to tighten monetary policy.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.