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EM Assets Find Relief as US Jobs Data Eases Rate Fears

An index tracking emerging-market currencies rose to a session high following weaker-than-expected US jobs data, which reduced bets on another Federal Reserve interest-rate hike this month. Nonfarm payrolls increased by 29,000 in September, below expectations.

EM Assets Find Relief as US Jobs Data Eases Rate Fears

An index tracking emerging-market currencies rose to a session high following weaker-than-expected US jobs data, which reduced bets on another Federal Reserve interest-rate hike this month. Nonfarm payrolls increased by 29,000 in September, below expectations.

Sources

  • Bloomberg — EM Assets Find Relief as US Jobs Data Eases Rate Fears

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