🚨 BREAKING: U.S. Jobless Claims Beat Expectations
🇺🇸 Initial Jobless Claims just came in stronger than forecast, signaling continued resilience in the U.S. labor market.
Why this matters:
A strong labor market reduces urgency for aggressive Fed rate cuts
Risk assets may face short-term pressure as rate-cut expectations cool
Volatility can increase across crypto and equities
Market Reaction:
BNB
846.15
+0.26%
slipping as risk sentiment pauses
Traders now refocus on inflation data & Fed guidance for the next move
📌 Strong data isn’t always bullish — it depends on what the market was pricing in.
Stay sharp. Let price confirm the next direction.