Headlines discussed at LNWM’s Monday morning briefing:
— This week, the Fed is expected to announce an interest rate hike; US Treasury bond yields edged up.
— US wages rose 2.8% in Feb. and the US added 235,000 new jobs, both signs of healthy job market.
— China posted its 1st monthly trade deficit in 3 years, on consumer demand and higher commodity prices.
— US dollar weakened a bit against the euro, on potential for higher interest rates in Eurozone.
— Oil prices slid below $50/barrel on fears of growing oversupply.
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