US jobless claims came ## analysts's expectations. Jobless Claims:
- Actual: 232K. Expected 235k. Previous 229k.
Data came slightly lower than expected at 232k which suggest that labor market is still strong.
Start investing today or test a free demoOpen account Try demo Download mobile app Download mobile app
The US500 jumped by almost 15 points after the publication, but the price is likely to come down afterward. The labor market remains strong, which increases investors' confidence in a soft landing. Inflation data has recently decreased, and investors perceived the comments from FED members yesterday as dovish.
US500 index, 5m timeframe, source: xStation 5
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.