• Asian stocks are set for an early rise as investors ready for a week that includes key US inflation data and the Federal Reserve’s final rate decision of the year among multiple central bank meetings.
• Equity futures in Australia, Japan and mainland China point to gains in early trading Monday while contracts in Hong Kong edged lower.
• US shares rose Friday to notch a sixth straight weekly gain, while bond yields surged after hotter than expected US jobs data.
• Traders were forced to trim their bets on rate cuts in 2024 after nonfarm payrolls increased 199,000 last month, the unemployment rate fell to 3.7% and monthly wage growth topped estimates. Consumer sentiment also rebounded.