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Hormuz Shock Lifts Oil as Hot U.S. Jobs Hammer Gold, Bitcoin, and Ethereum While Nvidia Defies the Selloff

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Where Are Markets Today? European equity futures are positioned slightly lower today, while U.S. futures are mixed and subdued with American cash markets closed for Labor Day. At Zaye Capital Markets, we see two forces controlling the opening tone: Friday’s unexpectedly strong U.S. labor report has pushed global bond yields higher and increased expectations for...

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