- Analytics
- News and Tools
- Market News
- US weekly Initial Jobless Claims rise to 218K vs. 210K expected
US weekly Initial Jobless Claims rise to 218K vs. 210K expected
- Initial Jobless Claims in the US increased by 12,000 in the week ending December 23.
- US Dollar Index slides modestly, stays under modest bearish pressure, below 101.00.
There were 218,000 initial jobless claims in the week ending December 23, the weekly data published by the US Department of Labor (DOL) showed on Thursday. This print followed the previous week's print of 206,000 (revised from 205,000) and came in worse than the market expectation of 210,000.
Further details of the publication revealed that the advance seasonally adjusted insured unemployment rate was 1.3% and the 4-week moving average stood at 212,000, a decrease of 250 from the previous week's revised average.
Continuing Claims increased by 14,000 to 1.875 million in the week ended December 16, the highest level in four weeks.
Market reaction
The US Dollar Index dropped modestly after the data, falling below 100.80. US Treasury yields remained in positive territory for the day but moved off highs. Later in the day, at 15:00 GMT, the November Pending Home Sales report is due.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
