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 Morning Bid: Markets eye consolidation, not capitulation
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Asian markets are optimistic after forecast-busting U.S. job growth figures sparked a rise on Wall Street. Japan's Nikkei 225 aims to bounce back from a 2% slide on Friday. Geopolitical tensions continue to push gold to a record high of $2,330 an ounce. U.S. Treasury Secretary Janet Yellen completed a four-day visit to China, discussing economic growth and bilateral relations. The Philippine central bank is expected to keep its key policy rate on hold at 6.50%. Key developments on Monday include the Philippines central bank policy meeting, Japan trade and current account figures, and Malaysia industrial production.

#AsianMarkets #UsJobGrowth #WallStreet #Japan #Nikkei225 #Gold #UsTreasurySecretary #JanetYellen #China #PhilippineCentralBank

https://www.investing.com/news/economy/morning-bid-markets-eye-consolidation-not-capitulation-3368592