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PropMarketCapFRESHRegulation

US Department of Labor sent a rule on crypto in 401(k) retirement plans to the White House

The US Department of Labor submitted a draft rule that opens 401(k) plans to alternative assets, including cryptocurrencies. On Thursday, November 5, the document went to the White House for mandatory review - this is the stage before publication.

PropMarketCapMacroeconomics and central banks

US jobless claims: 189K vs 196K forecast ahead of NFP

The US Department of Labor reported on Thursday at 16:30 Moscow time: in the week to October 31, initial jobless claims came in at 189K versus a forecast of 196K. Layoffs in the American economy are lower than expected - and this is a day before the main employment report.

PropMarketCapMacroeconomics and central banks

US ADP at 16:15 MSK: 69 thousand jobs expected vs 90 thousand a month earlier

Today ADP Research Institute publishes its report on private sector employment in the US for October. The consensus is +69 thousand jobs after +90 thousand in September. This is the first labor market figure this week, followed by NFP on Friday.

PropMarketCapMacroeconomics and central banks

US job openings: 7.52 million vs. expected 7.15 million

The US Department of Labor published the JOLTS report for September - the number of job openings in the labor market. The actual figure came in almost 400 thousand above the forecast, and the previous value was revised upward.

PropMarketCapMacroeconomics and central banks

US jobless claims fell to 194K - labor market stronger than forecast

The US Department of Labor reported: for the week ending October 17, initial jobless claims totaled 194K versus the expected 200K. This is one of the lowest levels in recent months, and the dollar immediately recovered part of its recent decline.

PropMarketCapMacroeconomics and central banks

US jobless claims 197K vs 200K forecast: Treasury yields up, Dow -400

Initial jobless claims in the US came in at 197K versus a forecast of 200K. The market read the data as a signal of no mass layoffs: government bond yields rose, while US indices moved lower.