On April 24, 2025, the United States will release Initial Jobless Claims data (#Initial #Jobless #Claims ), which is an important indicator to measure the number of people filing for unemployment benefits for the first time in a week.
Impact on Financial Markets
- If lower than expected: Indicates a tight labor market → strengthens #USD & stocks #AS , potentially pressuring gold prices.
- If higher than expected: Indicates an economic slowdown → weakens the USD, could push up gold and bond prices.