Asian shares have tepid start before US jobs data

June 6, 2025

Asian equities are trading cautiously as investors await US jobs data for clues on Federal Reserve interest rate decisions. Tesla shares plummeted after Elon Musk’s spat with Donald Trump, overshadowing optimism from renewed US-China trade talks. Despite Trump’s positive comments, analysts remain skeptical about a lasting trade resolution, while China faces scrutiny over currency transparency.

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