Friday’s payrolls data for February dispatched another upside surprise, reaffirming the now-consensus view that recession risk is low for the US economy. Hiring rose 275,000 last month, beating expectations — well above the consensus forecast for around 200,000.

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* Strong US growth prompts investors to buy a broader set of stocks
* China’s housing minister: troubled real-estate developers should go bankrupt
* China consumer inflation rises for first time in six months
* Japan avoids technical recession after Q4 economic data revised up
* Bank of Japan expected to scrap world’s last negative interest rate experiment
* Gold prices steady on Monday after hitting record highs last week
* US nonfarm payrolls increase 275,000 in February, beating expectations:

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