Sentiment Remains Robust on US Payrolls, Spain's Possible Request for Funding

Asian shares rallied on the morning session on Monday as driven by the upbeat market sentiment after the better-than-expected US employment report released last Friday. Meanwhile, investors were also more relieved by Spanish officials' comments as it has become more likely for the country to seek funding from the EFSF. The MSCI Asia Pacific Index gained +1.6%. Commodities, however, eased after the sharp rise on Friday

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Sentiment Remains Robust on US Payrolls, Spain's Possible Request for Funding