đš LABOR DATA JUST SHIFTED THE TONE
U.S. Initial Jobless Claims printed 229K, slipping below last weekâs 232K. That quiet drop matters. Fewer layoffs = a labor market thatâs still holding its ground.
For markets, this reinforces the âsoft-landingâ narrative.
âą Stocks get a confidence boost
âą Dollar stays firm on economic resilience
âą Crypto watches closely as risk appetite steadies
Strong jobs = less panic, but also keeps the Fed cautious. Volatility isnât gone â itâs just changing shape.
Eyes on how risk reacts next đ