Tonight's initial jobless claims for the week have begun to decline, recording a value of 23.3, and the front-end was revised upward to 25.
It shows that last week's 24.9 initial jobless claims are still not the most realistic data. At this point, we can feel the expectation of interest rate cuts in this transaction, such as Powell or the Federal Reserve's premeditated cooling of the risk market.
The number of people filing for unemployment benefits has dropped to 23.3 this time, which has greatly reduced the recession expectations for this week's trading. At the same time, judging from the sales of US Treasury bonds this week, it is true that Treasury bonds have begun to trade. Signs of interest rate cuts.
The next step is to see how much short-term gains the trading interest rate cut can bring to the crypto market. At the same time, we must also pay attention to whether the current recovery in sentiment is accompanied by the flight of institutional and capital funds.
