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Macro Finance

Stock Rally Extends as Fed Bets Ease, Euro Drops: Markets Wrap

Bloomberg Markets·October 4, 2026·1 min read

A global stock rally extended into Asia and Treasuries rose after softer US jobs data eased pressure on the Federal Reserve to keep raising interest rates. The euro fell as investors adjusted their expectations for monetary policy. Markets responded positively to the data, with equities gaining ground across the region.

Read at Bloomberg Markets
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