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Market Impact: 0.35

Emerging-Market Stocks, Currencies Gain After Soft US Jobs Data

Monetary PolicyInterest Rates & YieldsEconomic DataCurrency & FXEmerging Markets

Emerging-market stocks and currencies rose to start the week as expectations for additional Federal Reserve rate hikes eased after Friday’s unexpectedly weak US employment report. The data shift supported EM risk appetite and improved FX performance, though the move is driven by rate-hike repricing rather than company-specific fundamentals.

Analysis

Emerging-market stocks and currencies rose to start the week as expectations for additional Federal Reserve rate hikes eased after Friday’s unexpectedly weak US employment report. The data shift supported EM risk appetite and improved FX performance, though the move is driven by rate-hike repricing rather than company-specific fundamentals.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

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