InitialJoblessClaims
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Initial jobless claims tomorrow!!!!
Initial jobless claims measure the number of people who filed for unemployment benefits for the first time during the previous week. It's a proxy for the health of the labor market.
* Higher-than-expected claims: A higher number of jobless claims can signal a weakening economy. This can sometimes be a bullish signal for crypto, as a softer labor market might prompt the Federal Reserve to consider interest rate cuts to stimulate economic growth.
* Lower-than-expected claims: A lower number of claims indicates a strong and healthy labor market. While this is good for the overall economy, it might reduce the urgency for the Federal Reserve to cut rates, which could be seen as a negative for crypto and other risk assets.
Expect PUMP 💪 or DUMP...
#InitialJoblessClaims
$BTC $ETH
* Higher-than-expected claims: A higher number of jobless claims can signal a weakening economy. This can sometimes be a bullish signal for crypto, as a softer labor market might prompt the Federal Reserve to consider interest rate cuts to stimulate economic growth.
* Lower-than-expected claims: A lower number of claims indicates a strong and healthy labor market. While this is good for the overall economy, it might reduce the urgency for the Federal Reserve to cut rates, which could be seen as a negative for crypto and other risk assets.
Expect PUMP 💪 or DUMP...
#InitialJoblessClaims
$BTC $ETH
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🚨🚨Important events for the crypto market this week:
Tuesday, March 11:
Crypto forum in the USA "#bitcoin for America" (officials will speak)
Wednesday, March 12:
- Consumer inflation #CPI (Feb) - 15:30
- 25% tariffs from the USA on steel and aluminum from all countries are expected to come into effect
Thursday, March 13:
- Producer inflation #PPI (Feb) - 15:30
- #InitialJoblessClaims - 15:30
* The USA has switched to daylight saving time: markets now open 1 hour earlier - at 16:30 MSK
This Wednesday, very important macro data on inflation will be published, namely the CPI index, which is key data on which the final decision on the interest rate will be made before the next meeting #ФРС . Also this week, new tariffs from Trump are expected, along with a crypto conference in the USA.
$BTC
$ETH
$BNB
Tuesday, March 11:
Crypto forum in the USA "#bitcoin for America" (officials will speak)
Wednesday, March 12:
- Consumer inflation #CPI (Feb) - 15:30
- 25% tariffs from the USA on steel and aluminum from all countries are expected to come into effect
Thursday, March 13:
- Producer inflation #PPI (Feb) - 15:30
- #InitialJoblessClaims - 15:30
* The USA has switched to daylight saving time: markets now open 1 hour earlier - at 16:30 MSK
This Wednesday, very important macro data on inflation will be published, namely the CPI index, which is key data on which the final decision on the interest rate will be made before the next meeting #ФРС . Also this week, new tariffs from Trump are expected, along with a crypto conference in the USA.
$BTC
$ETH
$BNB
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