Motilal Oswal
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Motilal Oswal
Currency

Asian markets calm as investors await US jobs report

Updated : May 03, 2019 08:23 AM IST

Australia's benchmark index was last up 0.2 percent, New Zealand shares were off 0.5 percent while South Korea's KOSPI slipped 0.3 percent. Trading volumes were light across Asia with markets in China and Japan still closed for holidays.
World stocks have rallied hard this year - the S&P 500 has climbed more than 16 percent so far in 2019 - but further gains will be hard to come by, analysts at Capital Economics said.
Investors await US employment figures due later in the day, which is forecast to show 185,000 net new jobs were added in April and the unemployment rate steady at 3.8 percent.
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