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Asian stock markets are rising

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On Monday, most Asian stocks surged sharply as mixed U.S. employment data solidified expectations that the Federal Reserve would maintain interest rates, while markets awaited further stimulus measures from China.


Following a strong lead from Wall Street on Friday, regional stocks reacted to mixed payrolls and unemployment data, indicating a cooling in the job market. This reduced the Federal Reserve's leeway to continue raising interest rates, reinforcing expectations that the central bank would keep rates unchanged in September and potentially for the rest of the year.

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Asian stock markets are rising


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