Global Markets Open Mixed Despite Easing Expectations for Fed Rate Hike

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Brent crude climbs back above $100-a-barrel threshold after Houthi strikes on Saudi Aramco, while stronger US dollar fuels volatility across commodities

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Global markets started the week mixed, as weak US employment data reinforced expectations that the Federal Reserve (Fed) will not implement further tightening this month, while tensions in the Middle East limited risk appetite.

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Last week's US employment data, which indicated a cooling in the labor market, and signals from Fed officials suggesting a pause in interest rate hikes, suggest that the bank may pursue further tightening...