⚡️⚡️Important Notice⚡️⚡️
⚡️⚡️Important Notice⚡️⚡️
⚡️⚡️Important Notice⚡️⚡️
The unemployment benefits data and PCE data to be released tonight and tomorrow night may indeed have an important impact on the current market conditions.
Tonight’s unemployment benefits data:
Importance of jobless claims: Initial jobless claims are an immediate measure of economic activity and labor market conditions. This data can directly reflect the health of the labor market and have a significant impact on market sentiment.
Data impact:
When jobless claims are lower than expected, it indicates a stronger job market and the economy may be expanding. This typically boosts market confidence, causing stock markets to rise and bond yields to rise, while safe-haven assets such as gold may come under pressure.
Conversely, if jobless claims are higher than expected, it could signal a weakening job market and slower economic growth. In this case, investors may seek safety, causing stock markets to fall, bond prices to rise, and yields to fall, while demand for safe-haven assets may increase.
Tomorrow night PCE data:
The significance of PCE price data: PCE price data refers to the personal consumption expenditures price index, which is an important indicator for measuring inflation levels and economic health. This data is widely used to evaluate the effectiveness of monetary policy and predict future economic trends.
The impact of data on the market:
When PCE price data is higher than expected, it may mean rising inflationary pressure and the central bank may adopt tightening monetary policy, which will have a direct impact on profit-sensitive stocks such as banks and financial institutions.
On the contrary, if the PCE data is lower than expected, it may indicate less inflationary pressure and the central bank may maintain or relax monetary policy, which will have a positive impact on the overall market.
