The euro held steady in Asian deals after staging a dramatic rebound from a four-month trough hit yesterday on ECB measures. Investors are now solely focused on the US jobs report due later in the day, which is expected to show an increase of about 215,000 jobs in May following the addition of 288,000 jobs in April. After disappointing private-sector jobs report, it remains to be seen if the non-farm payrolls report modifies expectations for a spring revival of the world's largest economy.
Closer home, investors eye German industrial production and trade balance data for April as well as
After using a combination of measures to provide additional monetary policy accommodation, ECB President
Asian stocks are turning in a mixed performance as caution ahead of US jobs data tempered optimism over the new ECB economic stimulus measures.
In domestic corporate news,
The major European markets closed mostly higher on Thursday after the ECB rolled out sub-zero interest rates and launched a series of measures to revive the region's fragile economy. The German DAX rose 0.2% and
US stocks rose notably overnight after the
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