Asia-Pacific markets were set to rebound ahead of central bank decisions this week, and inflation numbers from the U.S. and China.
Nonfarm payrolls were expected to increase by 200,000, according to Dow Jones estimates. Wages rose 0.3% for the month and 4.1% from a year earlier, both in line with estimates.However, Goldman Sachs' analysts noted that investors are"questioning how much upside is left" and recommended that investors consider a specific trading strategy.Morgan Stanley names three"overlooked" global tech stocks that it says look cheap right now.
U.S. crude and the global benchmark have rallied to five-month highs as geopolitical tensions boil in the Middle East and Eastern Europe. OPEC member Iran has vowed to retaliate after accusing Israel of striking its consulate in Damascus this week.traded higher on Friday, helping the broad index make up some ground. But most are still on pace to end the week with sizable losses.