There is optimism the Federal Reserve would pause its rate hikes this month after a mixed US jobs report.
rose 0.6% while China's bluechips underperformed with a drop of 0.4%.
Data on Friday showed U.S. economy added 339,000 jobs last month, higher than most estimates, but moderating wage growth and rising jobless rate led markets to continue to bet on no change in Fed rates this month, with a 75% chance priced in for that, according to CME FedWatch tool.that Fed funds rates would reach 5.25-5.5% or beyond at the policy meeting in July and little chance of a rate cut by the end of this year.
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