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US jobs report could decide how much higher Treasury yields can go

It's only Monday but it feels like markets already have plenty to digest this week. Geopolitical tensions remain up in the air. Higher oil prices. Surging bond yields. Stocks and gold under threat again. It's all to play for with month-end and quarter-end volatility also set to kick into gear. But in terms of macro catalysts, the big one is arguably the US jobs report that will only come on…

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What are the main events for today?

EUROPEAN SESSION In the European session, we don't have anything on the agenda today, so the markets will likely continue to trade based on the latest geopolitical developments. The week started on a negative note as Trump rejected Iran's latest proposal that would have reopened the Strait of Hormuz within seven days. Trump said that the conditions were unacceptable, but those conditions have…

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