The SEC and CFTC crypto derivatives review windows opened today, and on Thursday, the first quarter GDP, core PCE, and unemployment benefit application numbers will be released. （CoinDesk）
AI interpretation: The number of initial jobless claims, as a high-frequency indicator of the labor market, directly reflects the employment stability of the US economy in the current interest rate environment. This data is a core indicator for measuring the risk of economic recession and employment resilience, and its fluctuations directly determine the pace of adjustment of the Federal Reserve's monetary policy. The market evaluates the pressure of layoffs on companies through this data, and then revises the pricing of future interest rate paths. The release of this indicator will trigger a reassessment of the supply and demand balance in the job market by the financial market, and have a direct driving effect on the US dollar index and US bond yields.
