While you were sleeping: Stocks climb on US rate view

Mon, 05 Oct 2015

By Margreet Dietz Oct. 6 (BusinessDesk) - Stocks rallied on both sides of the Atlantic, while US Treasuries and the greenback dipped, amid expectations the US Federal Reserve might hold off on raising interest rates this year. The latest US government non-farm payrolls report, released last Friday, showed a weaker-than-expected labour market. That called into question the need for policy makers to lift rates. “The way the market is looking at the payrolls numbers is weak enough to diminish the case for higher US rates, but not weak en...

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