Breaking: Today’s U.S. unemployment data could spark market volatility
At 8:30 a.m. New York time, initial jobless claims data will be released, ahead of the opening of U.S. markets
These are the levels traders are watching:
Above 205,000: Could put downward pressure on the markets
Between 194,000 and 200,000: A reading closer to neutral
Below 190,000: May support the markets and boost risk appetite
This is the first significant weekly reading for the labor market following the midterm elections
All eyes are on the number the surprise may lie in the details, not in the forecasts
$BTC $ETH $XAU
At 8:30 a.m. New York time, initial jobless claims data will be released, ahead of the opening of U.S. markets
These are the levels traders are watching:
Above 205,000: Could put downward pressure on the markets
Between 194,000 and 200,000: A reading closer to neutral
Below 190,000: May support the markets and boost risk appetite
This is the first significant weekly reading for the labor market following the midterm elections
All eyes are on the number the surprise may lie in the details, not in the forecasts
$BTC $ETH $XAU
