Financial and Commodity Previews and Analysis

Key news today includes: (1) Feb Challenger job cuts (Jan -2.8% y/y), (2) weekly initial unemployment claims (expected +10,000 to 220,000, previous -10,000 to 210,000) and continuing claims (expected -12,000 to 1.919 million, previous +57,000 to 1.931 million), (3) USDA weekly Export Sales, (4) USDA Mar WASDE crop production.