Weak US jobs data justifies Fed rate cut, says analyst

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Weak hiring data boosted expectations that the United States Federal Reserve will cut interest rates next week. The US private sector shed 32,000 jobs in November, payroll firm ADP said on Wednesday (Dec 3), marking an unexpected decline. Anthony Raza, head of multi-asset strategy at UOB Asset Management, shares his views on CNA's Asia First. Subscribe to our channel here: https://cna.asia/youtubesub Visit our website: https://cna.asia Download our app: https://cna.asia/app Get our editors'