Payrolls Loom As Fed Uncertainty Drives Markets

Global markets trade cautiously ahead of the US payrolls report as softer Fed rate-hike expectations weigh on the dollar.

Source: DepositPhotos

Global markets head into Friday’s US payrolls report in a cautiously constructive mood, with softer Fed rate-hike expectations weighing on the dollar and yields, supporting equities and gold, while elevated oil prices and Middle East tensions keep inflation and geopolitical risks firmly in focus.

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