Asian stocks higher on dovish Fed expectations

Source: Marketwatch
Equity markets across Asia grew on Monday, as the trading mood was boosted thanks to weak employment report from the US, which cooled expectations that the Federal Reserve will start raising interest rates soon. Japan's Nikkei index rallied 1.58%, the Australian S&P ASX jumped 1.9%, while South Korea's Kospi added 0.44%. In the meantime, Hong Kong's Hang Seng rose 1.38%, while markets in China remain closed until Wednesday for holidays.  

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