🇺🇸 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:
🔹 Inflation is showing signs of cooling
🔹 Hiring has moderated
🔹 Layoffs remain relatively low
🔹 Jobless claims are still near historically low levels
This creates a key Fed balancing act:
📉 Cooling inflation → supports expectations for easier policy
📈 Resilient employment → 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.
👀 Key assets to watch:
₿ BTC — liquidity & risk sentiment
♦️ ETH — rate-sensitive crypto exposure
🟢 ALTCOINS — likely to react strongly to shifts in liquidity expectations
Cooling inflation vs. resilient employment — the macro tug-of-war continues. 🔥
NFA. DYOR.$SPX
$BTC
Weekly jobless claims came in at 197K, down 1K from the previous week, while the 4-week average fell to 202.25K.
The macro picture remains mixed:
🔹 Inflation is showing signs of cooling
🔹 Hiring has moderated
🔹 Layoffs remain relatively low
🔹 Jobless claims are still near historically low levels
This creates a key Fed balancing act:
📉 Cooling inflation → supports expectations for easier policy
📈 Resilient employment → reduces pressure for aggressive rate cuts
For crypto and other risk assets, the next major jobs + inflation data could provide important clues about the Fed's policy path.
👀 Key assets to watch:
₿ BTC — liquidity & risk sentiment
♦️ ETH — rate-sensitive crypto exposure
🟢 ALTCOINS — likely to react strongly to shifts in liquidity expectations
Cooling inflation vs. resilient employment — the macro tug-of-war continues. 🔥
NFA. DYOR.$SPX
$BTC