U.S. Initial Jobless Claims just slid to 214K, crushing forecasts of 224K and improving from last week’s 224K.
💡 Why this matters: • Employers are still holding onto workers • Layoff momentum is cooling fast • The economy refuses to slow down
📊 Macro Ripple Effect: • Red-hot jobs data delays the Fed pivot • Bond yields stay supported • Risk assets may face short-term volatility $XAU $ETH $BTC