Asian stocks slump as traders dial back rate cut bets

Asian shares fell on Monday and the dollar climbed after a robust U.S. jobs report dashed any expectations of a near-term interest rate cut from the Federal Reserve, while stocks in China stocks remained on the back foot on weak sentiment. Oil prices were tentative following fresh strikes in…#federalreserve #tehran #iraq #syria #yemen #middleeast #asiapacific #hongkong #jeromepowell #60minutes
Source: Reuters: Health - Category: Consumer Health News Source Type: news