US jobs growth was stronger than expected in September, but unemployment also rose amid workers returning to the labour market and seeking jobs. Given the Fed's recent hawkish shift and the lack of official data scheduled before the 10 December FOMC meeting, it is understandable that the market thinks the next move won't come until early 2026
After today's Labor Day holiday, this week's US calendar is packed with labour market data, culminating in Friday's August jobs report. Elsewhere, investors don't quite know what to make of an appeals court ruling Trump's universal tariffs illegal. Could it be a story of lost revenues weighing on the Treasury market? We expect the dollar to stay soft
Chinese equities hit a fresh three-year high, while India's Nifty 50 rebounded on Monday after President Xi Jinping and Prime Minister Narendra Modi attended a weekend summit in Shanghai alongside leaders from Russia, Iran and Turkey. The meeting focused on strengthening ties among emerging markets in the face of what participants described as aggressive US trade policies.
