- September 2, 2022
- Posted by: Stratford Team
- Category: Economy
An employee works at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Jan. 13, 2022.
Toru Hanai | Bloomberg via Getty Images
Asia-Pacific shares were mixed on Friday as investors look ahead to the U.S. jobs report for August, a key indicator before the Federal Reserve’s next interest rate decision later this month.
South Korea’s consumer price index rose slower than expected — 5.7% in August from the same period a year ago, less than the 6.1% predicted by analysts in a Reuters poll.
The Nikkei 225 in Japan was flat, while the Topix index was just below the flatline. South Korea’s Kospi gained 0.5% and the Kosdaq advanced 0.92%.
In Australia, the S&P/ASX 200 fell 0.11%. MSCI’s broadest index of Asia-Pacific shares outside Japan was fractionally lower at open.
Economists predict that 318,000 jobs were added in August, fewer than the 528,000 jobs added in July, according to Dow Jones. Unemployment is…
