US weekly initial jobless claims 1186K vs 1400K expected

News

Weekly jobless claims data

  • Lowest since the pandemic started
  • Prior was 1434K (revised to 1435K)
  • Continuous claims 16107K vs 16900K
  • PUA claims 655K vs 909K prior (lowest since the week the program was introduced)

Better numbers on initial jobless claims but it’s still daunting how they’ve remained so high.

For bank trade ideas, check out eFX Plus

Articles You May Like

Services index shows big jump in prices for December as companies fear tariffs
Gold Price Forecast: XAU/USD holds below $2,650 as traders await fresh catalysts
Yen Outperforms as Investors Turn Defensive, Sterling’s Downward Spiral Persists
Yen Weakens Despite Risk-Off Sentiment,Jobs and Inflation Data to Drive Markets Ahead
NFP Set to Boost Dollar, But Trump Inauguration Risks May Limit Sustained Gains

Leave a Reply

Your email address will not be published. Required fields are marked *