According to Bpaynews, traders will focus on Thursday’s US initial jobless claims and Challenger layoff data as the delayed nonfarm payrolls report leaves a gap in labor market insights ahead of the December 10 FOMC decision. The jobless claims are expected to rise slightly to 219,000 from 216,000 the previous week, while Challenger layoffs will offer an early look at corporate downsizing. These figures will serve as key indicators for the dollar, Treasury yields, and investor sentiment regarding the Fed’s policy path.
US Jobless Claims and Challenger Layoffs to Guide Market Outlook Ahead of Fed Decision
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