Asia markets begin week with gains after Wall St rally

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Exchange Square in Hong Kong with bull statue.
Exchange Square in Hong Kong with bull statue.

Hong Kong - Asian markets rose on Monday as investors tracked a record on Wall Street fuelled by a better-than-expected jump in US jobs, while financials were boosted by Donald Trump's review of trading regulations.

However, the dollar's struggles extended as the employment report also showed tepid wage growth, which chimed with the Federal Reserve's plans to lift interest rates only gradually.

While the week has started on a positive note, investors are on edge as they try to assess how a Trump presidency will affect the global economy following outbursts against trade deals and accusations Japan and China were manipulating their currencies.

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USD/ZAR
14.08
-0.9%
GBP/ZAR
19.70
-0.2%
EUR/ZAR
17.12
-0.2%
AUD/ZAR
11.05
-0.1%
JPY/ZAR
0.13
-0.6%
Gold
1,832.66
+1.0%
Silver
27.39
+0.3%
Palladium
2,926.54
-0.8%
Platinum
1,254.00
-0.1%
Brent Crude
68.09
-1.3%
Top 40
62,573
+1.4%
All Share
68,520
+1.4%
Resource 10
71,474
+2.1%
Industrial 25
86,856
+0.9%
Financial 15
12,711
+1.1%
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