Thursday’s a light day for global economic reports, which focuses the spotlight on US data, including today’s weekly update on initial jobless claims. We’ll also see the weekly report on the consumer mood via Bloomberg’s benchmark. Meanwhile, keep your eye on the benchmark 10-year Treasury yield, which has been relatively stable this week after tumbling previously in 2016. US: Initial Jobless Claims (1330 GMT) Fed Chair Janet Yellen yesterday said that global risks could create trouble for the US this year, but she predicted that the economic recovery would survive. “Ongoing employment gains and faster wage growth ... (full story)