Headlines discussed at LNWM’s Monday morning briefing:
— U.S. job growth rebounded in April after a disappointing March; unemployment fell to 5.4%.
— Interest rates and volatility spiked in the European bond market as deflation fears ebbed.
— The Conservative party won a majority in the U.K. Commons for the first time since 1992.
— The U.S. approved ferry service between Florida and Cuba after a 50-year hiatus.
— Greece is imposing a surcharge on cash withdrawals to reduce the risk of a run on banks.
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