HONG KONG – Asian markets struggled Thursday despite another record close in New York, with investors keeping an eye on the rapidly spreading Delta virus variant, which has forced several governments to reimpose lockdowns and raised concerns about the pace of economic recovery.
The upcoming release of US jobs data is also in view, with a forecast-beating jump on private employment lifting hopes for a strong reading that will solidify optimism about growth in the world’s top economy.
While inflation is expected to continue surging over the next few months, worries that the Federal Reserve will tighten its ultra-loose monetary policy too soon or too …
Keep on reading: Asian markets mixed as virus fears temper recovery optimism