neutral
Recently
Soft US jobs data lifts hopes of easier monetary policy
Weaker-than-expected US payroll growth raises expectations of rate cuts, supporting equity markets and potentially improving capital flows toward emerging economies like India.
Employment growth in the United States slowed in December, with payroll additions of 50,000 falling short of market expectations. The unemployment rate edged lower to 4.4 %, suggesting labour market cooling without sharp deterioration. Equity futures advanced following the data as investors reassessed the likelihood of interest rate cuts by the Federal Reserve in 2026. Softer US yields could ease pressure on emerging market currencies, including the Indian rupee, and support global risk appetite.