Emerging Markets Rally on Weak US Jobs Data
Emerging-market stocks and currencies rise as expectations for Federal Reserve rate hikes diminish after a disappointing US employment report.
4 articles tagged with #US Jobs Data
Emerging-market stocks and currencies rise as expectations for Federal Reserve rate hikes diminish after a disappointing US employment report.
Gold prices stabilized after a significant weekly gain, as unexpected US jobs data reduced concerns about potential interest rate hikes.
Bitcoin surged past $65,000, marking a monthly high, following disappointing US nonfarm payrolls data that eased expectations for Federal Reserve rate hikes.
The yen strengthened by 1% against the dollar after the release of US jobs data, amid market speculation of potential intervention by authorities.