๐บ๐ธ U.S. LABOR MARKET REMAINS RESILIENT
Weekly jobless claims came in at 197K, down 1K from the previous week, while the 4-week average fell to 202.25K.
The macro picture remains mixed:
๐น Inflation is showing signs of cooling
๐น Hiring has moderated
๐น Layoffs remain relatively low
๐น Jobless claims are still near historically low levels
This creates a key Fed balancing act:
๐ Cooling inflation โ supports expectations for easier policy
๐ Resilient employment โ reduces pressure for aggressive rate cuts
For crypto and other risk assets, the next major jobs + inflation data could provide important clues about the Fed's policy path.
๐ Key assets to watch:
โฟ BTC โ liquidity & risk sentiment
โฆ๏ธ ETH โ rate-sensitive crypto exposure
๐ข ALTCOINS โ likely to react strongly to shifts in liquidity expectations
Cooling inflation vs. resilient employment โ the macro tug-of-war continues. ๐ฅ
NFA. DYOR.$SPX
$BTC
Weekly jobless claims came in at 197K, down 1K from the previous week, while the 4-week average fell to 202.25K.
The macro picture remains mixed:
๐น Inflation is showing signs of cooling
๐น Hiring has moderated
๐น Layoffs remain relatively low
๐น Jobless claims are still near historically low levels
This creates a key Fed balancing act:
๐ Cooling inflation โ supports expectations for easier policy
๐ Resilient employment โ reduces pressure for aggressive rate cuts
For crypto and other risk assets, the next major jobs + inflation data could provide important clues about the Fed's policy path.
๐ Key assets to watch:
โฟ BTC โ liquidity & risk sentiment
โฆ๏ธ ETH โ rate-sensitive crypto exposure
๐ข ALTCOINS โ likely to react strongly to shifts in liquidity expectations
Cooling inflation vs. resilient employment โ the macro tug-of-war continues. ๐ฅ
NFA. DYOR.$SPX
$BTC