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Shiba Inu (SHIB) Price Rally Could Overtake Dogecoin If This Happens
Shiba Inu (SHIB) Price Rally Could Overtake Dogecoin If This HappensNext![NZD strengthens, GBP lags as U.S. crude oil stocks surge and Bitcoin reaches May high By Investing.com]( "NZD strengthens, GBP lags as U.S. crude oil stocks surge and Bitcoin reaches May high By Investing.com")
NZD strengthens, GBP lags as U.S. crude oil stocks surge and Bitcoin reaches May high By Investing.com
NZD strengthens, GBP lags as U.S. crude oil stocks surge and Bitcoin reaches May high By Investing.com
- Prior initial claims 217K (revised to 220K)
- Continuing claims 1.834m vs 1.820m expected
- Prior continuing 1.818m
It’s tough to get excited about this report because even if claims were 50K higher, they still wouldn’t be some kind of recession red flag. There’s no pain in the economy until this gets to 300K. That said, the trend lately has been higher so maybe we’re on our way there.
One school of thought on initial jobless claims is to pay closer attention to the revisions as well, as they reveal the underlying trend. Still, I’m not going to get excited about a 3K revision.
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