Markets on edge ahead of US jobs data amid Mid-East tensions
Asian markets traded cautiously on Friday as investors weighed Middle East tensions and awaited the key US nonfarm payrolls report.
Market sentiment remained fragile as heightened Middle East tensions kept investors on edge. The situation added a layer of geopolitical risk to an already anxious wait for the US nonfarm payrolls data.
Attention is also turning to the Federal Reserve's policy outlook, with the Jackson Hole symposium in late August and the September FOMC meeting increasingly seen as potential pivot points. The combination of geopolitical worries and macro uncertainty left markets in wait-and-see mode.
Source: FXStreet Forex News