<h1>US job data, Fed rate path and presidential mortgage-bond directive move markets amid tariff ruling uncertainty.</h1> A mixed US employment report affects the Federal Reserve's near-term interest-rate path, where subdued hiring could bolster arguments for rate reductions but mixed signals may delay cuts. A presidential instruction to purchase USD 200 billion in mortgage-backed securities operates as an executive directive intended to lower mortgage rates and influence housing finance markets. A pending high-court decision on tariffs and recent seizures of oil tankers under sanctions add trade-policy and sanctions-enforcement risks that influence market and commodity-price dynamics.