#USWeeklyJoblessClaimsFallTo196K
🚨US Initial Jobless Claims: 196,000 vs. 207,000 exp.
The print came in LOWER than expected and DOWN from 206,000 previously.
Fewer layoffs suggest a resilient labor market, giving the Fed LESS reason to cut rates.
This could support yields and the dollar while pressuring stocks and crypto.
$AVA $UNI $MVLL
🚨US Initial Jobless Claims: 196,000 vs. 207,000 exp.
The print came in LOWER than expected and DOWN from 206,000 previously.
Fewer layoffs suggest a resilient labor market, giving the Fed LESS reason to cut rates.
This could support yields and the dollar while pressuring stocks and crypto.
$AVA $UNI $MVLL
