Wall Street is closed in observance of the passing of former President Jimmy Carter, but investors continue to monitor U.S. economic news closely. U.S. Treasury yields are declining as markets remain focused on Trump-era policies, while bond traders anticipate that the upcoming jobs report will test the Federal Reserve's pricing strategies. In the UK, investor confidence in the government is waning, with bond market turmoil stirring memories of the 1976 debt crisis. Meanwhile, European markets are on the rise, driven by a surge in mining stocks. Oil prices have climbed 1% due to cold weather in the northern hemisphere. Looking ahead, Aussie shares have snapped a five-day winning streak but are expected to rebound and the Aussie dollar is nearing a five-year low, reflecting broader market pressures.

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