Asian shares trade mixed amid caution ahead of key US employment report ...Middle East

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Asian shares trade mixed amid caution ahead of key US employment report
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AP Business Writer TOKYO (AP) — Asian shares traded mixed Friday ahead of a highly anticipated U.S. jobs report that’s expected to influence how the U.S. Federal Reserve will move on interest rates. Trading was cautious in Asia amid lingering worries about a possible recession in the U.S. The job market report, set for release later in the day, is key, possibly dictating how big of a cut to interest rates the Federal Reserve will deliver at its next meeting later this month. After keeping its main interest rate at a two-decade high to stifle inflation, the Fed has hinted it’s about to begin cutting rates to keep the economy from sliding into a recession. Japan’s benchmark Nikkei 225

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