Markets remain mixed this morning despite strong global economic data, including a significant beat in Japan’s GDP and robust industrial production figures from Germany. However, the commodity complex is showing weakness with gold, copper, and crude oil trading lower, potentially signaling softer demand. As the U.S. Dollar strengthens against most major currencies, attention shifts to the start of FOMC week. Traders are closely watching the upcoming U.S. Treasury 3-year note auction, corporate earnings from Toll Brothers, and tomorrow’s highly anticipated JOLTS job openings report to gauge the health of the labor market.
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