
As US payrolls surge, Japan leads the Asia stock spikes, and the dollar rises
It is actually leading a rally in Asian equities, driven by strong figures of U.S. employment that have allayed recession fears and then tempered the expectations of further rate cuts at the Federal Reserve. Japan’s benchmark Nikkei 225 jumped 2% in early trading sessions, reflecting investor optimism citeturn0search67. The September U.S. nonfarm payrolls report revealed…