Oil rose in early Asian trade in the wake of more data signaling a strong U.S. economy.
Asian currencies consolidated against the dollar in the early morning session. Friday’s robust U.S. nonfarm payrolls report has reduced the probability of Fed rate cuts in the near term, CBA said.
Gold was steady in the early Asian session, underpinned by inflation concerns likely spurred by incoming U.S. President Trump’s policies.
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In politics as in life, the stupid person causes others to lose and gains nothing for himself.