News Snapshot:
May 8 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. Asian markets are set for a positive start to the week on Monday after strong U.S. jobs data on Friday soothed recession and banking sector fears, and sparked the best day for world equities in five months. The regional economic data calendar on Monday is light, with the final reading of Japanese purchasing managers index and Taiwanese trade for April the main releases. Monday's market tone will probably be set by the U.S. feel-good factor, boosted by surprisingly strong corporate earnings, and whether investors...
