Emre Yumlu 
Key U.S. jobless claims data released! Did it meet expectations? Let’s analyze the data.
U.S. Jobless Claims
U.S. Jobless Claims is a weekly economic data report showing the number of individuals filing for unemployment benefits. This data is considered an important indicator of the health of the labor market.
Weekly jobless claims in the U.S. were reported at 219,000, while the market expectation was 215,000. The reported figure exceeded expectations by 4,000, signaling a slight weakness in the labor market.
Higher-than-expected jobless claims may lead to a slight depreciation of the U.S. dollar, as it indicates a slowdown in the labor market. Weak employment data could strengthen the perception that the Federal Reserve may be closer to cutting interest rates, which might lead to a decline in bond yields.
This situation could create positive price movements in risky assets (such as Bitcoin, Nasdaq) in anticipation of an earlier easing policy by the Fed. However, this data alone is not decisive. Markets will continue to closely monitor non-farm payrolls, inflation, and the Fed’s statements.
U.S. Jobless Claims Show Increase: Rose to 219,000, Exceeding Both Previous Data and Expectations
According to the U.S. Department of Labor, the number of people filing for unemployment benefits for the first time rose by 5,000 to 219,000 for the week ending February 15. The four-week average fell by 1,000 to 215,250.
A report released by the U.S. Department of Labor on Thursday showed a modest increase in unemployment claims for the week ending February 15.
The department stated that initial jobless claims rose by 5,000 to 219,000 from the revised level of 214,000 the previous week. Economists had expected claims to rise to 215,000 from the previously reported 213,000.
Meanwhile, the less volatile four-week moving average edged down by 1,000, from 216,250 to 215,250.
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