Asian shares rise on Fed rate bets; Fed minutes and earnings ahead
· Finance
Asian equities rose and bonds edged higher after softer US jobs data eased pressure on the Federal Reserve to keep raising rates, while oil gave up early gains. Investors now await Fed meeting minutes and the start of third-quarter earnings, with companies unusually upbeat on future profits.
Why it matters：Rate expectations and corporate earnings guide global asset allocation, and the combination of softer jobs data and upbeat guidance could shift positioning across markets.
Key points
- Softer US jobs data reduced pressure on the Fed to keep raising rates.
- Fed minutes are due this week, with the real fed-funds rate seen as low.
- More companies than ever have expressed optimism about future profits.
Sources (original reporting)
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