Nikkei hits 10-mth closing high

The Nikkei average hit its highest close in 10 months on Monday, buoyed by stronger-than-expected U.S. jobs data and a report that Mitsubishi Chemical was in talks to acquire resin maker Mitsubishi

US jobs data boosts stocks, dollar, yields

Better-than-expected data on the state of U.S. jobs on Friday reversed European stock losses, set Wall Street on course for a positive start and stripped demand for government bonds. The dollar rose

Heading towards the exit

Having largely passed the second-quarter corporate earnings test without major shocks, the next hurdle for global financial markets is likely to be the eventual withdrawal of extra cash injected by central banks.