📊 Key US economic data came in stronger than expected:

– S&P Manufacturing PMI: 52.9 (forecast: 52.0)

– ISM Manufacturing PMI: 49.0 (forecast: 48.8)

– JOLTS Job Openings: 7.77M (forecast: 7.32M)

– Fed Chair Powell: "We’ll wait for more data before making any rate cuts."

🧭 Market impact (Short-term):

– DXY: Slight rebound ☝️

– Gold: Faces mild pressure from stronger USD

– BTC: Likely to consolidate as market awaits more Fed clarity

📆 Mid/Long-term:

– Rate cuts still expected later this year → Bullish for #Gold & #BTC

– #USD likely to weaken once easing begins

$BTC