The Dollar weakened across the board as the Initial Jobless Claims data came out 448K weaker decline than expected 440K by the market analysts. Dow Jones and NASDAQ gained by 1.1% and 1.63% respectively. Crude Oil soared by 2.3% and closed at 85.6$ a barrel. Gold (XAU) closed almost unchanged at 1166.5$ an ounce. Today, the GDP is expected at 3.3% vs. 5.6% previously. The Michigan Consumer Sentiment Index is expected at 71.5 vs. 69.5 previously. The Chicago PMI is expected at 59.8 vs. 58.8 previously.
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