Asian markets rose on Friday. The Nikkei 225 surged 1.6 percent and the Shanghai Composite rose 0.5 percent.
Most markets in the US and Europe were closed for a holiday.
The US did release its March jobs report on Friday, which came in at 916,000, exceeding economists' expectations of a 675,000 gain.
Quincy Krosby, chief market strategist at Prudential Financial, said that the report “shows that the economy is healing” while Eric Merlis, head of global markets trading at Citizens, said that it was “another clear sign that the U.S. economy is on a strong path to recovery”.
Joseph Brusuelas, chief economist at RSM, suggested that “if the economy puts together a string of months like what we’ve seen in March, it will only be a matter of time before expectations on the start of Fed tapering will move up to late 2021, also pulling forward market expectations for the first interest-rate hike into the latter part of 2023”.
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