Stocks gain as weak NFP sees traders pare Fed rate hike bets - Newsquawk US Market Wrap

US NFP headline misses w/ negative revisions, u/e rate ticks lower; US official says once a deal is announced to restore commercial shipping without impediments, US will lift blockade of Iranian ports; Mediating countries await final approval of Iran-Oman deal; Fed's Barkin says u/e rate is the best measure of job market health; Fed's Musalem said he favoured raising rates at recent FOMC meeting; Better-than-expected Canadian job growth; Japanese FM jawbones JPY.

Uncertainty Rules!

Markets seem to become more accustomed to geopolitical disruptions, yet every recurring script carries the risk of a very different ending.


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