Headlines discussed at LNWM’s Monday morning briefing:

— Only 247,000 Americans newly filed for unemployment the week ended April 16, lowest level since 1973.
— The European Central Bank kept interest rates negative; will begin purchasing corporate bonds in June.
— Odds of Britain voting to exit the European Union fell to 32%, boosting the British currency vs. euro.
— Oil prices rose for third straight week on higher US consumption and signs of global production declines.
— Goldman Sachs index indicates emerging markets rebound is driven by momentum, not fundamentals.

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