Asian stocks trade mixed as investors digest jobs data, oil price slump

The spotlight was on the U.S. as investors kept a close eye on the second U.S. presidential debates, and reacted to weaker-than-expected jobs data released last week. – Business Nightly, ANC, October 10, 2016
Asian stocks trade mixed as investors digest jobs data, oil price slump

4 thoughts on “Asian stocks trade mixed as investors digest jobs data, oil price slump”

  1. Philippine stocks will continue to decline, meaning peso will reach 50+, bec investors will invest in US stocks because dollar is up. Why are investors so confident on US? Because they believe US will not raise interest rate to reduce inflation. USA believes there is space to ride the market.. why? Bec euro is down bec of brexit, China is down bec of their GDP growth from 10% down to 7%. Therefore investors will ride with US then withdraw before US election. Philippines on the other hand, oil will go up.. milk will go up.. central bank will use government money to ease the effect. As a result country's budget will not balance. Duterte's next move? he will go to China and ask for help to cover up the failing economy. But why? Think about it, he has no choice, he needs the money to deliver his promises or his own people will go after him!! He will negotiate to allow fishermen to fish around the islands, but that's basically it, while china build their military on our soil. His popularity will diminished, as well as investors confidence and trades in the Philippines. Why? Because China is known to control their currency to destabilize the world. Then we as country cannot build roads and bridges on provinces and remote regions. Pride pa more my fellow countrymen!🇵🇭🙉💀🔫

  2. Kaya bumagsak ang Phil. Stocks dahil maraming lumipat. 4 months in a row means before and during Du30 terror. Lagot na ang walang pera.

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