The post Asian stocks rose slightly as traders awaited Friday’s U.S. jobs report appeared on BitcoinEthereumNews.com.

Stocks across Asia ticked up Thursday as investors looked ahead to Friday’s U.S. employment figures and waited on Congress to approve a $3.3 trillion tax-and-spending plan. Overnight in New York, major indexes hit fresh highs according to Reuters. This happened after Trump announced a trade pact with Vietnam. The agreement calls for a 20% U.S. tariff on Vietnamese imports, while Vietnam will levy no duties on American goods. The news bolstered hopes for a similar deal with India. Vietnamese equities rallied overnight to three-year highs, driven by curiosity about the U.S.–Vietnam trade terms. President Trump posted on Truth Social that Vietnam would adopt “ZERO Tariff” on U.S. goods, further fueling optimism. In Asian markets, the MSCI index of Pacific shares ex-Japan climbed 0.2%, closely under its highest level in nearly four years. Tokyo’s Nikkei was flat. China’s CSI 300 index rose 0.2%, even as Hong Kong’s Hang Seng reduced by 0.6% after data revealed that China’s services activity grew at its slowest speed over the last nine months during June. Futures tied to the Nasdaq and S&P 500 were mostly unchanged in Asian trading, with investors treading lightly until key U.S. developments materialize. Europe futures Rise while U.S treasury yields slip and dollar drops to 3-year low In Europe, futures from IG pointed to a stronger open. FTSE 100 up 0.3% at 8,799; DAX up 0.2% at 23,836; CAC 40 up 0.2% at 7,757; and FTSE MIB up 0.15% at 39,926. On Wednesday, UK bond yields and share prices fell after Finance Minister Rachel Reeves became emotional in Parliament during a welfare debate. Officials said she was dealing with a personal issue, and Prime Minister Keir Starmer expressed his support. All eyes are on Friday’s jobs numbers, widely viewed as the key market mover ahead of the Fed’s next decision.…

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Filed under: News - @ July 3, 2025 6:28 am