Highlights
US jobless claims is the main event on the economic calendar. Expectations call for an uptick to 214K in the latest week from 208K last week, close to the 4-week moving average at 214.25K.
Meanwhile, oil prices are up big with Brent crude threatening to break above $100 as things look bleak in the US-Iran war. That follows strikes by the Houthis on Saudi tankers in the Red Sea in an expansion of the war. The US Treasury 10-year note yield at 4.675 percent is making new highs for the year.
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