Global financial markets rose at the start of the week after US employment data for September came in below forecasts, reducing market expectations of a Federal Reserve interest-rate increase in October, Reuters reported.

The US economy added 29,000 jobs in September, compared with the roughly 90,000 economists had expected.

Earlier employment figures were revised downward, and the unemployment rate rose to 4.2%.

According to Reuters, the market-implied probability of an October rate increase fell from about 64% to 22%.

The US dollar weakened, bond yields retreated from recent highs, and equities rose.

Japanese and Australian stocks advanced, and the broader Asia-Pacific region also gained.

Japan’s Nikkei was among the stronger performers following recent gains on Wall Street.

Brent crude traded at around $102.20 a barrel, and gold rose to about $4,154 an ounce, Reuters reported. Inflation and energy prices remain elevated.