Dollar slides vs Asia, stocks up ahead of Fed
HONG KONG, Aug 9 (Reuters) - The U.S. dollar fell against emerging Asian currencies on Monday on growing expectations the Federal Reserve will have to buy more bonds to support the flagging economy, helping to also lift commodity prices and equities.
"After the poor jobs data, the focus is now on whether the Fed will further ease its monetary policy. The yen has already risen to around 85 yen (per dollar) on expectations that the Fed might do so," said Mitsuo Shimizu, deputy general manager at Cosmo Securities in Tokyo.
Stocks rise, dollar flat as US jobs data looms
LONDON, Aug 6 (Reuters) - Pending U.S. jobs data kept investors on edge but not enough to stall the mid-year rally in global equities boosted by robust earnings.
"The U.S. data is very important. If the market reacts positively and closes near a new high this week, then we have a very good chance to go higher," said Giuseppe-Guido Amato, strategist at Lang & Schwarz in Frankfurt.
GLOBAL MARKETS: US jobs report saps stocks, dollar; wheat falls
NEW YORK, Aug 6 (Reuters) - World stock markets and the dollar slumped on Friday as investors fled to safe-haven bonds and gold after U.S. employment data signaled the economic recovery was losing traction.
"Initial market reactions signal concerns about the impact of the poor employment picture on spending, corporate revenues and sustainable profitability," said Mohamed El-Erian, co-chief investment officer at Pacific Investment Management Co in Newport Beach, California.
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