Market move▲ Bullish for Indian equities
Indian markets eye gap-up opening; crude, bond yields and RBI policy remain key
The brief
- Weaker US employment data reduced expectations of another Fed rate increase in October
- The report said the shift supported global market sentiment
- Improved global sentiment may support Indian equities, while crude and bond yields remain key risks
- Asian stocks advance as soft US jobs data cools Fed rate-hike bets
- Charting the Global Economy: US Employment Growth Moderates
- Why bond investors quickly lost their enthusiasm for weak labor figures
- Nasdaq hits record as weak US jobs data cools rate-hike bets
- US Stock Market Today: Nasdaq Jumps 1%, Dow Up 300 Points As Yields Retreat After Weak Jobs Data