The first major report on the US labour market since Donald Trump’s surprising victory is on tap today. We’ll also see a weekly update on sentiment for American consumers via Bloomberg. Meantime, keep your eye on the benchmark 10-year Treasury yield, which jumped sharply in early trading after Tuesday’s US election. US: Initial Jobless Claims (1330 GMT) He confounded the "experts" and pulled out a victory, but now there’s talk about a Trump recession. Nobel Prize-winning economist Paul Krugman yesterday predicted that a “global recession” is lurking on the horizon. Confirming data for that dark view, however, ... (full story)