Unemployment Claims:🇺🇸

Actual - 215K

Forecast - 225K

Previous - 224K

Today's reading on Unemployment Claims:🇺🇸 shows a stable labor market in the USA.

The chances of a rate cut on May 7 are only 13.6%. Following Jerome's speech last night at the Economic Club of Chicago, he seems determined NOT to cut interest rates on May 7, even though Trump is trying to exert significant pressure on him.

In conclusion, we might expect at least another 1-2 months without spectacular increases for risk assets and stocks.