๐ข U.S. December ADP Employment Data & Jobless Claims Incoming!
According to BlockBeats, key U.S. economic data will be released tonight, potentially impacting markets:
๐ December ADP Employment Figures
๐ Time: 21:15 UTC+8
๐ Expected Increase: 140,000 (slightly lower than previous projections).
๐ Weekly Initial Jobless Claims
๐ Time: 21:30 UTC+8 (earlier than usual).
Recent job vacancy and PMI data have caused traders to reassess the chances of a Federal Reserve rate cut before July, keeping markets on edge.
๐ Why This Matters:
These figures will provide insights into the U.S. labor marketโs strength and could influence Federal Reserve policy decisions. Expect potential volatility in both traditional and crypto markets.
Stay tuned for updates! ๐จ