Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, as traders are optimistic the US Fed will hold rates this month and potentially in September after the release of U.S. jobless data that showed employment in the U.S. increased by much less than expected in the month of June. Asian markets ended mostly lower on Thursday.

The June jobs report served as a reality check for the economy and challenged the narrative that the Fed may hike rates in the second half of this year.