US retail sales and initial jobless claims data exceeded expectations, impacting the dovish stance of the Federal Reserve
According to Jin10's report, the retail sales and initial jobless claims data in the United States were better than expected, indicating that the demand slowdown mentioned by Fed Chairman Powell yesterday did not happen as quickly as anticipated. In terms of retail sales, this data is better than all overall data. The number of initial jobless claims is also much lower than expected, and even import prices are not as negative as market forecasts. These data certainly do not lean dovish like the market trend in the past 24 hours.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitlayer unveils BTR tokenomics, allocating 40% for ecosystem incentives
BTTC launches Validator Partner Mechanism to achieve node governance upgrade
In the past 24 hours, Circle has minted 250 million USDC on Solana
Matrixport: Bitcoin Rally Limited by Capital and Seasonal Factors
Trending news
MoreCrypto prices
More








