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Shanghai up on China data as US jobs growth fuels rate hike talk

Last Updated: Monday, June 8, 2015, 19:12

Shanghai stocks ended at a seven-year high Monday after another round of weak Chinese data fuelled hopes for fresh stimulus, while the dollar sat around 13-year highs following a forecast-busting US jobs report.

Shanghai up on China data as US jobs growth fuels rate hike talk

Last Updated: Monday, June 8, 2015, 12:42

Shanghai stocks were the stand-out performers in Asian trade Monday after another round of weak Chinese data fuelled hopes for fresh stimulus, while the dollar sat around 13-year highs following a forecast-busting US jobs report.