Wu Says learned that in the U.S., for the week ending July 11, the number of initial jobless claims recorded was 208,000, the lowest level since the week of May 2, 2026.

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RiskTester
· 5h ago
This data shows that the U.S. labor market is still very tight. Although there were various expectations that it would cool down, reality has contradicted them. This could also affect expectations for subsequent rate hikes, and the market will have to reprice again.
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CandleZen
· 5h ago
The unemployment benefits application is at a new low—so the job market is really stable.
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