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Asian Markets React to U.S. Hiring, Oil Prices Drop

6/6/2025

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Story summary
  • Asian markets showed mixed reactions to low U.S. private sector hiring, with only 37,000 payrolls reported for May.
  • The Reserve Bank of India commenced a policy meeting, likely to reduce interest rates to 5.75%.
  • South Korea’s KOSPI increased by 1.95%, while Japan’s NIKKEI decreased by 0.23%.
  • Oil prices fell due to rising U.S. fuel inventories, with Brent futures at $64.89 and WTI at $62.78.