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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Rand - Dollar
14.33
-1.4%
Rand - Pound
19.80
-0.6%
Rand - Euro
17.02
-1.5%
Rand - Aus dollar
10.76
-1.2%
Rand - Yen
0.13
-1.9%
Gold
1,770.84
-0.1%
Silver
25.89
-0.1%
Palladium
2,473.88
-0.7%
Platinum
1,043.29
-1.8%
Brent Crude
73.08
-1.8%
Top 40
59,504
-1.5%
Resource 10
60,958
-1.7%
Industrial 25
87,956
-1.3%
Financial 15
12,995
-2.0%
All Share
65,635
-1.4%
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