US jobless claims came below analysts's expectations. Jobless Claims:
- Actual: 230k. Expected 248k. Previous 245k.
Lower data suggest that labour market is still strong, despite recent hike to 245k. US500 rose sligtly but so far withount any significant reaction. At the same time GDP and PCE data were released, which were equally important.
Dollar appreciated slightly. A stronger reading from the labor market still gives hawkish arguments in the hands of the Fed. What is more important, the number of continued applications has surprisingly decreased despite their expected increase. At the same time, data on private consumption turned out to be weaker.
Fed's Miran signals two more rate cuts this year and disinflationary process🗽
BREAKING: NY Empire better than expected; EURUSD muted 📌
Precious metals at record highs: Gold and Silver shine as the Fed ends its Tightening Cycle
Fed Collins remarks on monetary policy and US economy🏛️EURUSD gains 0.2%
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
