๐จ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐น๐ฒ๐ฟ๐: ๐จ.๐ฆ. ๐๐ผ๐ฏ๐น๐ฒ๐๐ ๐๐น๐ฎ๐ถ๐บ๐ ๐ถ๐ป ๐๐ผ๐ฐ๐๐
The latest U.S. jobless claims report is set to drop at 6:00 PM IST, with expectations at 226K, slightly above the previous 224K reading.
Why does this matter? Jobless claims are a key signal of labor market strength. A higher-than-expected print could hint at a cooling economy, fueling talk of potential Fed rate cuts. Lower rates often translate into more liquidity, and thatโs when risk assets like crypto tend to catch a bid.
On the flip side, if claims come in lower than expected, it reinforces labor market resilience. That may give the Fed more room to stay hawkish, which could weigh on sentiment across equities and digital assets.
In short: the release may look like a small number on paper, but the implications for rates, and for crypto volatility โ are big. Traders should be ready for short-term moves.