JUST IN: JOLTS Job Openings Miss
Actual: 7.079M
Forecast: 7.23M
Difference: -151K
Takeaway: U.S. labor demand is losing momentum.
This is exactly what the Fed needs to justify easing policy. Market now pricing higher odds of a dovish Fed in the next meeting.
Focus shifts to: NFP, CPI, and Powell's speech.
For Crypto: Historically, cooling JOLTS + dovish Fed = bullish for $BTC, $ETH, and Gold.
Stay positioned.
Actual: 7.079M
Forecast: 7.23M
Difference: -151K
Takeaway: U.S. labor demand is losing momentum.
This is exactly what the Fed needs to justify easing policy. Market now pricing higher odds of a dovish Fed in the next meeting.
Focus shifts to: NFP, CPI, and Powell's speech.
For Crypto: Historically, cooling JOLTS + dovish Fed = bullish for $BTC, $ETH, and Gold.
Stay positioned.