🇺🇸U.S. Initial Jobless Claims: 221,000 Exp.: 205,000 | Prev.: 200,000 A higher-than-expected number is generally bearish for the dollar and supportive for equities and bonds A hot reading lifts rate-cut expectations, which tends to be supportive for risk assets including crypto. The exception is if the market reads it as a genuine recession signal rather than just fuel for Fed easing, in which case risk assets can sell off instead.(Coin Bureau)