๐ง๐ฅ ๐๐๐๐๐๐๐ ๐๐๐๐, ๐๐๐ ๐๐ ๐
๐๐๐!
Initial U.S. jobless claims jumped to 200K (forecast: 195K), with the previous figure revised to 191K. The labor market is cooling off a bit after 3 weeks below 200K!
But don't celebrate just yet: October's CPI, just released, came in higher than forecast (hotter than expected). A slight cooling in employment isn't enough to make the Fed change course, but it does help rein in the hawks. According to CME FedWatch, the odds of a massive 50-basis-point Fed hike in December are only around 9-11% (with 90% leaning toward a modest 25-basis-point hike).
๐ Quick Analysis:
Cooling jobs + Hot CPI = Confusing market! This mix keeps the Fed stuck, and traders stuck in whipsaw!
๐ฏ What Should Traders Do?
1. Don't FOMO into an "all-in" position based on one-off news! 2. Be patient and wait for a clear trend, scale into trades! 3. Reduce leverage to avoid getting caught in a whipsaw!
๐ก๏ธ This is not financial advice!
Tell me honestly, will the Fed go for 25 bps or will hot CPI push it to 50 bps?๐โจ
$BTC - Watch for Fed move, strong.
$ETH - Watch for CPI move, strong.
$AGT - Watch for pullback, strong.
โจ ๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐ ๐ ๐๐๐๐๐ โข ๐ฆ โจ
#USJoblessClaims
#Fed #Macro #CryptoNews #Trading
Initial U.S. jobless claims jumped to 200K (forecast: 195K), with the previous figure revised to 191K. The labor market is cooling off a bit after 3 weeks below 200K!
But don't celebrate just yet: October's CPI, just released, came in higher than forecast (hotter than expected). A slight cooling in employment isn't enough to make the Fed change course, but it does help rein in the hawks. According to CME FedWatch, the odds of a massive 50-basis-point Fed hike in December are only around 9-11% (with 90% leaning toward a modest 25-basis-point hike).
๐ Quick Analysis:
Cooling jobs + Hot CPI = Confusing market! This mix keeps the Fed stuck, and traders stuck in whipsaw!
๐ฏ What Should Traders Do?
1. Don't FOMO into an "all-in" position based on one-off news! 2. Be patient and wait for a clear trend, scale into trades! 3. Reduce leverage to avoid getting caught in a whipsaw!
๐ก๏ธ This is not financial advice!
Tell me honestly, will the Fed go for 25 bps or will hot CPI push it to 50 bps?๐โจ
$BTC - Watch for Fed move, strong.
$ETH - Watch for CPI move, strong.
$AGT - Watch for pullback, strong.
โจ ๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐ ๐ ๐๐๐๐๐ โข ๐ฆ โจ
#USJoblessClaims
#Fed #Macro #CryptoNews #Trading
