Asia shares look to extend rally before US jobs test


Asian shares were trying to สล็อตทดลองเล่น extend their recent rally to a third week on Monday in the hope critical U.S. jobs figures show the expected revival in hiring in May and keep the global economic recovery on track.

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.4per cent, having rallied 2.2per cent last week. Japan's Nikkei fell 1.1per cent, while Australia touched a fresh all-time peak.

Chinese blue chips slipped 0.4per cent, as surveys showed a slight slowdown in factory activity but a pick-up in the giant service sector.

"It feels like a market looking for direction in the face of uncertainty around the interplay between much-feared inflation and much hoped-for growth recovery," says Patrik Schowitz, global multi-asset strategist at J.P. Morgan Asset Management.

"In this environment, while we continue to reduce risk exposure, we stay long given just how strong growth is likely to stay, as well as the remaining upside to economic and earnings growth expectations."

Markets in the United States and Britain are closed for a holiday, but futures were still trading in Asia with the Nasdaq and S&P 500 both ahead by 0.1per cent. EUROSTOXX 50 futures eased 0.2per cent.