According to Mars Finance, as reported by Jin10, Asian stock markets continued the global fall on Friday, as the highly anticipated U.S. employment data failed to provide clarity on the interest rate outlook. Despite Nvidia (NVDA.O) releasing favorable results, investors began to sell off riskier assets. Capital.com senior analyst Kyle Rodda stated that the market lacks sustained upward momentum, and current pessimism still looms over the market.
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Analyst: Employment data fails to clarify interest rate outlook, market lacks pump momentum.
According to Mars Finance, as reported by Jin10, Asian stock markets continued the global fall on Friday, as the highly anticipated U.S. employment data failed to provide clarity on the interest rate outlook. Despite Nvidia (NVDA.O) releasing favorable results, investors began to sell off riskier assets. Capital.com senior analyst Kyle Rodda stated that the market lacks sustained upward momentum, and current pessimism still looms over the market.