HONG KONG: Asian markets mostly rose Monday and the dollar built on gains, following a rally on Wall Street that came on the back of forecast-busting jobs data out of the United States. “The non-farm payroll figures exceeded expectations and boosted risk appetite among investors,” said Milan Cutkovic, market analyst at AxiTrader. But Shanghai eased 0.2 percent with traders unimpressed by data showing Chinese inflation stabilized in June after slowing for three months. Oil prices rose after plunging Friday on worries about rising US supplies, with companies adding more rigs to lift output. In early European trade London jumped 0.4 percent, Paris gained 0.3 percent and Frankfurt was 0.6 percent higher.

Source: Manila Times July 10, 2017 17:26 UTC