Asian stocks shrug off ECB, await US job report

FE Team | Published: June 07, 2014 00:00:00 | Updated: November 30, 2026 06:01:00

Hong Kong, Jun 6: Asian stocks were mostly indifferent on Friday to the unveiling of a big stimulus package from the European Central Bank as investors awaited the U.S. jobs report for May. Reaction from Asian markets to the ECB measures, which included interest rate cuts and a new liquidity program for banks, was more muted than in Europe and on Wall Street, where some indexes reached record highs. "Today, the U.S jobs report will garner most focus while investors continue to digest the ECB decision," strategists at Credit Agricole CIB said in a report. — AP/UNB