Two of the biggest data of this week were announced, and another lock was solved for the Fed’s interest rate decision. Consumer trust, employment status, change in prices of goods and services and so on, many things have an impact on the Fed’s interest rate decision. US JOLTS and CB consumer trust index These are among them. So these are also important for crypto currencies.
Crypto coins last minute
In 2021, while watching things like Obo and TOBO, we had to turn into politics and economic experts as of the end of 2021. Most of the investors in the last bull markets ISM manufacturing PMI or Jolts He was unaware of what his data looked like. Now we have turned into people who have experienced the days when answering the question of which missile has how much destruction power, it is important for crypto currencies. This is the fact that we have witnessed the transformation of crypto currencies into a real class of being. Isn’t that great?
If we go back to our topic. “JOB OpenNGS and Labor Turnover Survey”, öyle Number of Open Works and Labor Overflow Speed Survey ”data was just announced by BLS affiliated to the US Department of Labor. The previous data was at the level of 7,769m, and today the expectation decreased to 7.5m. If the number of open jobs is high, the demand for the labor force is strong, the economy and production are moving and so on. Crypto investors’ application – the reason will surprise you!
The CB Consumer confidence is announced by the independent organization The Conference Board and measures how optimistic/pessimistic the citizens’ expectations of the current economic conditions and 6 months. Previously, we have witnessed that CB consumer data triggered large crypto currency fluctuation.
If we want interest rates to fall, the number of open jobs should be weak and a tendency to relax Fed Interests download it.
- US JOLTS Open Jobs announced: 7,437m (Expectation: 7.5m Previous: 7,769m)
- US CB Consumer Confidence Index announced: 97.2 (Expectation: 96 Previous: 93)
Consumer trust seems to be seriously recovered compared to the expectation and compared to the previous month. It is good for the crypto in a long -term view in terms of relining this recession concern. However, in the short and medium term FedIt points to a suitable environment for keeping interest rates tight. BTC is probably weakened.
The Conference Board Global Indicators Stephanie Guichard said;
“Consumer confidence has gained stability since May after the decline in April, but remains below the high levels of last year.
In July, the pessimism of the future decreased slightly and led to a slight healing of general trust. The three components of the Expectation Index were healed; Consumers feel less pessimistic about future business conditions and employment, and more optimistic about future income. On the other hand, consumers’ assessments of the current situation have changed slightly. In July, they were a little more positive about the current business conditions than June. However, his assessments on current job opportunities have weakened in the seventh month and have reached the lowest level since March 2021. In particular, 18.9 %of consumers stated that it was difficult to find a job in July, while this rate was 14.5 %in January. ”
To Jolst In June 2025, the total number of open jobs decreased by 7,437 million, ie 275 thousand compared to the previous month. This reduction can be interpreted as a moderate cooling signal in the labor market. In June, the number of recruitment was 5,204 million; It fell 261,000 compared to the previous month. In June, voluntary leave (Quits) horizontal with 3,142 million and 2.0 %in the ratio.
However, the decline in professional services is evident with -14,000. Resignation increases indicate that the demand for labor is alive.
In summary, the number of open jobs is decreasing, recruitment is slowing down, investors are cautious, but there is no great activity in dismissal. This report tells us that the conditions have begun to mature, but he did not have to hurry.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
