Bob Iaccino unpacks Monday's early market moves, with equities rallying and Nasdaq futures leading the way. He examines comments from Chicago Fed President Austan Goolsbee warning about persistent inflation and the potential for further Fed action. In energy, WTI crude extends its decline as U.S.-Iran diplomacy hopes ease supply concerns, offsetting geopolitical risks in the Strait of Hormuz. Iaccino also covers the pullback in gold and silver, climbing bitcoin prices and the outlook for earnings and eurozone economic data.
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