Analyst: Employment data fails to clarify interest rate outlook, market lacks upward momentum
ChainCatcher News, according to Golden Ten Data, Asian stock markets extended global declines on Friday as the highly anticipated U.S. employment data failed to provide clarity on the interest rate outlook. Despite Nvidia (NVDA.O) reporting impressive results, investors have started to sell off higher-risk assets. Kyle Rodda, Senior Analyst at Capital.com, stated that the market lacks sustained upward momentum, and current pessimism continues to overshadow the market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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