Asian indices retreated Monday after U.S. jobs data missed - TopicsExpress

Asian indices retreated Monday after U.S. jobs data missed estimates while the Australian dollar slipped sharply to a three-year low of 0.8848 after the country’s retail sales data fell short of market forecast and reinforced expectations of further rate cuts by the Reserve bank of Australia. Services purchasing manager’s index in Europe and U.K as well as ISM non-manufacturing PMI in the U.S are the major news for today.

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