Macro Finance
EM Assets Find Relief as US Jobs Data Eases Rate Fears
Bloomberg Markets·October 2, 2026·1 min read
Emerging-market currencies climbed to a session high after weaker-than-expected US jobs data prompted traders to scale back bets on another Federal Reserve rate hike this month. Nonfarm payrolls increased by 29,000 in September after downward revisions, missing all estimates in a Bloomberg survey of economists.
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