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BREAKING: US JOLTS lower than expected. USDIDX loses 💵

3:01 PM 29 October 2024

US JOLTS Job Openings came in 7.443M vs 8M exp. and 8.040M previously

US dollar weakened after the labor market data, which point to almost 550k lower than expected number of job openings across the US economy. On the other hand, US CB Consumer Confidence came in 108.7 vs 99.5 exp. and 98.7 previously. US short-term interest-rate futures rise slightly after job openings.

 

Source: xStation5

US JOLTS data breakdown

 

Source: XTB Research, Bloomberg Finance L.P., US Bureau of Labor Statistics (BLS)

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