Asian stocks rise amid ECB bond pledge

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Source: Bloomberg
© Scanpix/AFP

On Friday, Asian stocks were traded higher, following Mario Draghi's comments on bond buying program, and an upcoming report on U.S. employment data. The MSCI Asia Pacific index increased by 0.4%, reaching a level of 122.84 by 6:19 p.m. Tokyo time. The index is likely to end the week, having a 0.3% weekly gain.

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Fri, 05 Oct 2012 13:10:55 GMT

U.S. unemployment rate unexpectedly fell to 7.8%

The U.S. jobless rate unexpectedly declined to 7.8% in September, the lowest level since Barack Obama became the U.S. President in January 2009, as employers hired more part-time workers. Economists projected the unemployment rate to increase from 8.1% to 8.2%. The U.S. economy added 114 000 employees last months following 142 000 gain in August, according to Labour Department figures. "The

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European Stocks gain, before U.S. employment data

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