Most Asian markets fell on Wednesday, tracking losses on Wall Street overnight, as investors fretted over rising tensions in the Middle East.
Roach, meanwhile, said the escalation in Middle East brings upside risks to oil prices and inflation.
A higher-than-expected unemployment rate could prompt the Fed to accelerate the easing cycle to achieve a soft landing.
The unemployment rate in September is expected to come in at 4.
2%, according to data of a Reuters poll on LSEG, unchanged from the August figure.
The unemployment rate had jumped to near a three-year high of 4.
3% in July, a dramatic rise from the five-decade low of 3.4% in April 2023.
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