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- Markets rose on Friday, boosted by a gain in Chinese stocks and reducing fears about the United States' debt ceiling. Treasury yields rose ahead of a critical jobs data in the United States.
- After reopening for the first market in a week after a holiday, Japanese stocks outperformed, Hong Kong gained, and China was in the green. US futures edged up in the wake of the S&P 500 and NASDAQ 100 pushing higher for a third day. The Senate decided to temporarily raise the debt ceiling, ending a long-running standoff that had roiled markets.
- China's reopening refocuses attention on the country's debt troubles in the property sector, as well as Beijing's broader regulatory broadsides. The government will continue to take actions to restrict monopolistic behaviour among internet platforms and promote consumer and data protection, according to central bank governor Yi Gang.
- As investors worry about inflation amid a worldwide oil shortage, the 10-year Treasury yield had climbed to its highest level since mid-June. the US Payrolls report Friday might also cement prospects that the Fed will soon begin tapering bond purchases. yields climbed in Australia and New Zealand. The value of the dollar remained stable.