Asian markets started the week on a sluggish note on Monday as investors chose discretion over valor ahead of central bank meetings in Europe and the always-critical U.S. payrolls report. Trading was thinned by holidays in both Japan and Singapore which kept MSCI's broadest index of Asia-Pacific shares outside Japan just a fraction firmer at 480.04. Fed Governor Jerome Powell and the heads of the St. Louis and Boston Feds all appear later in the day. The dollar fared best against the euro which was undermined by speculation the European Central Bank (ECB) would have to ease again given disappointing news on unemployment and a startlingly low reading of inflation.
via Business News - Yahoo Finance http://finance.yahoo.com/news/asian-shares-eke-gains-dollar-232946403.html
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