Jobless claims
Weekly jobless claims came in hot - the highest level since August last year. This data basically echoed last Friday’s jobs reports.
As a result of this data, yields dropped and expectations that the Fed may cut more interest rates this year rose.
This may be a small good news for the market, but I am not expecting any sort of big movement today or even tomorrow.
As a result of this data, yields dropped and expectations that the Fed may cut more interest rates this year rose.
This may be a small good news for the market, but I am not expecting any sort of big movement today or even tomorrow.
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RDK79 : Only missing high inflation.