Asian markets rise as U.S. unemployment growth eases; Euro higher, Pound eases

Asian markets have risen on Monday, following the track of Wall Street, which went up on Friday after U.S. non-farm payrolls report showed that the unemployment growing pace slowed down in August. The Euro has gone higher, while Pound eased in Asian session.

Japanese Nikkei Index has gone 1.1% up on Monday, while in Hong Kong, the Hang Seng Index rose and rose 1.4% and Chinese Shangai composite Index added 1.6%. Australian S&P Index has edged up 0.3%, while Taiwan's market has risen 0.8%.

On Friday, U.S. Labor Department's report showed that non Farm Payrolls declined by 216,00 in August, well below the 276,000 decline seen in July, showing signs of recovery on labour market, although the unemployment rate jumped to 9.7%,m the highest in the last 26 years.

Euro up, Pound eases

EUR/USD has risen above 1.4300 during Asian session extending Euro's rebound from 1.4190 to a session high of 1.4335. At the moment of writing, the Euro trades around 1.4320.

GBP/USD rebound on 1.6285 during U.S. session continued on early Asian session with the Pound reaching a Session high at 1.6420 before easing to levels around 1.6370 at the time of writing.

USD/JPY continued its appreciation from 91.95 low on Sept 3, and the Dollar reaches levels around 93.25 ahead of the European session opening, after having remained consilidat6ing from 93.00 to 93.20 during most of Monday's Asian session.