Bob Iaccino breaks down the latest market moves as U.S. ISM manufacturing PMI hits a four-year high, beating expectations alongside global expansion in the Eurozone and the U.K. Meanwhile, crude oil surges over 7% following a weekend without a U.S.-Iran agreement, keeping energy flows constrained. Fed Governor Christopher Waller notes stablecoins could expand the reach of U.S. monetary policy, providing mild dollar support. Looking ahead, traders prepare for crucial JOLTS job openings data and upcoming retail and enterprise corporate earnings reports.
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