US Initial Jobless Claims: 231K (est 212K, prevR 209K)
US100 bid into this print so far. Of course, a single reading does not accurately depict the ongoing changes in the labor market, but juxtaposing this with the NFP data shows us a picture of a somewhat tighter situation in the US

NFP much below expectations! 🚨EURUSD spikes 📈
Dollar and Nasdaq facing a key test
Chart of the Day: What will drive the US stock market? (07.08.2026)
Economic Calendar: Will NFP Move the Market? (07.08.2026)