Asia-Pacific markets were set to open higher Monday, tracking Wall Street’s gains after a U.S. job report showed fewer jobs were created in December than expected, while the unemployment rate fell, signaling resilience in the labor market.
Investors will be keeping an eye on oil prices as Iran entered a third week of protests, which have killed more than 500 people, according to a U.S.-based rights group. President Donald Trump is reportedly weighing options for intervention in Iran, according to multiple reports Sunday.
Brent crude futures
rose 0.84% to $63.87 per barrel, while U.S. West Texas Intermediate
crude gained 0.83% to $59.62, as of 7:25 a.m. Singapore time (6:25 p.m. EST Sunday).
