Key Insights
- JOLTs Job Openings increased from 8.925 million in November to 9.026 million in December.
- CB Consumer Confidence improved from 108 in December to 114.8 in January.
- U.S. dollar gained ground as traders bet on a more hawkish Fed.
On January 30, 2024, traders had a chance to take a look at JOLTs Job Openings report. The report indicated that JOLTs Job Openings increased from 8.925 million (revised from 8.79 million) to 9.026 million, compared to analyst consensus of 8.75 million. The report exceeded expectations and highlighted the strength of the U.S. jobs market.
Today, traders will also focus on CB Consumer Confidence report. The report showed that CB Consumer Confidence increased from 108 in December to 114.8 in January, compared to analyst consensus of 115.
Present…
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