March 5 Evening US Key Data Preview: How Will Initial Jobless Claims and Import Price Index Affect the Market?

Tonight at 21:30, the US will release two key data points that directly influence market expectations of Federal Reserve rate cuts:
1️⃣ Initial Jobless Claims for the week ending February 28
- Previous: 212,000
- Expected: 215,000
- Interpretation: Higher than expected → labor market cools, bullish for gold; lower than expected → strong employment, supports the US dollar.
2️⃣ January Import Price Index MoM
- Previous: 0.10%
- Expected: 0.2%
- Interpretation: Higher than expected → inflation pressure is high, suppressing gold; lower than expected → rate cut expectations rise, benefiting precious metals.
💡 Trading Tip: Exercise caution before the data release, observe carefully, and after the release, respond promptly based on the immediate reactions of the US dollar and gold, with strict stop-loss measures.