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

Nasdaq Technical Analysis – The market awaits the US data for direction
Gold steady as market awaits more US data
EUR/USD Price Analysis: Pair in multi-year lows, sellers advance
Brent slips 28 cents to $76.23/bbl as dollar strengthens
“Trump’s gambit to buy Greenland may sound ridiculous, but it’s not impossible”

Leave a Reply

Your email address will not be published.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