Asian stocks ended mostly higher on Wednesday, even as stronger-than-expected U.S. jobs data bolstered the case for further Federal Reserve interest-rate hikes over the coming months.

Money markets are now pricing in a 25-bps rate hike at the Fed’s upcoming policy meeting next month, with some chance of an even larger move.

Some analysts expect the Fed to raise its benchmark interest rate by 0.25 percentage point each in December, January and March.

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