The initial data has eased concerns about the decline in crude oil demand, and bullish confidence has increased significantly. If it breaks through this pattern smoothly, oil prices will continue to challenge new highs.
Initial data to face recession expectations, the Federal Reserve will not cut interest rates by 50 basis points in September? Golden day rose by nearly $50! It is reported that Iran is reassessing whether to attack Israel, Hezbollah may "take action" first... What major events happened in the world yesterday and this morning?
Initial jobless claims fell by 17,000 compared to the previous week's revised level, suggesting that the increase in the data was more due to the impact of the hurricane than the underlying trend, said Adam Button, analyst at financial website Forexlive. While the decline in initial claims is positive, the rise in renewals suggests that some workers are taking longer to find a new job. Given the recent growth in the data, there is indeed some concern about the data, but today's data is back to i...