Following Thursday's unexpected bump
in weekly jobless claims, today brings reports on consumer sentiment as well as industrial output.
Not exact matches
In economic news,
weekly jobless claims totaled 242,000, more than the expected 225,000.
The market is expected to see the
weekly initial
jobless claims data and the trade balance
in the US with focus on Friday's non-farm payroll report.
Blow - away Philly Fed data at a 1993 level, slightly stronger consumer inflation data, a surprise jump
in home sales and still sub - 300,000
weekly jobless claims.
For example,
weekly initial
jobless claims are currently running at around the 345,000 level, which
in the past has been consistent with monthly employment gains of around 150,000; the manufacturing ISM employment index is at a 20 - year high; and growth
in temporary - help services employment (which tends to lead overall employment) has picked up.
A fall
in weekly U.S.
jobless claims to a near six - year low reinforced views that the economy is...
Weekly jobless claims dropped 42,000 to 338,000, according to today's report, a dip that beat economist predictions and also marked the biggest weekly drop in more than a
Weekly jobless claims dropped 42,000 to 338,000, according to today's report, a dip that beat economist predictions and also marked the biggest
weekly drop in more than a
weekly drop
in more than a year.
In the morning, the U.S. Department of Labor released its
weekly Initial
Jobless Claims report.
Hurricane Harvey made landfall
in Texas at the end of August, triggering the biggest
weekly spike
in jobless claims since 2012.
In last week's update on weekly jobless claims, we described the trend in claims as «doing the limbo.&raqu
In last week's update on
weekly jobless claims, we described the trend
in claims as «doing the limbo.&raqu
in claims as «doing the limbo.»
In the case of Nadex, the underlying market could be a US or international stock index future, a commodity like gold or crude oil, a currency pair like the Euro - US dollar, or even an economic event like the
weekly jobless claims number.
Hurricane Harvey made landfall
in Texas at the end of August, triggering the biggest
weekly spike
in jobless claims since 2012.
The
weekly jobless claims number was higher than expected
in the US, with the trade deficit also widening more than expected, while the British construction PMI was also a negative surprise, but equity markets couldn't care less.