Asian markets are following the U.S. markets higher in early trading. A few hours ago, we learned that Japan’s unemployment rate jumped to 4.5% in October from 4.1% in September. Economists were expecting an increase to 4.2%. Nevertheless, Japanese stocks are trading higher.Japan’s Nikkei is up 1.1%.
Korea’s Kospi is up 1.7%.
Australia’s S&P/ASX is up 0.1%.
Hong Kong’s Hang Seng is up 1.0%.
Shanghai Composite is up 0.8%.