US Jobless Claims Take a Dive

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4%
Published on 3 Sep 2020, 22:24
Jobless claims in the United States have fallen to their lowest point since the beginning of the COVID-19 closures. Meanwhile, as Congress debates the next steps for a COVID-19 relief package, the Congressional Budget Office is projecting the country’s deficit will triple in 2020. Plus, volatility has surged over the last few months, causing safe-haven assets to jump. And the US dollar has started to rebound from a multi-year support level as the prices of both Bitcoin and gold have dropped off.

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