• Welcome to forex.pm forex forum binary options trade. Please login or sign up.
 

Eyes on initial jobless claims data after last week's jump

Started by forex4you, Aug 08, 2024, 07:56 pm

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

forex4you

Eyes on initial jobless claims data after last week's jump

The weekly US initial jobless claims report is due out today and expected to decline to 240K from 249K.

Last week, claims jumped to the highest in a year but there was a skew from Hurricane Beryl that may reverse this week. If so, it could signal ongoing strength in the economy. But if claims stay high (near the consensus) then it implies a slowing jobs market.

Otherwise, there isn't much on the economic calendar today. We get wholesale sales at 10 am ET, a 30-year bond auction at 1 pm ET and comments from the Fed's Barkin at 3 pm ET.



                This article was written by Adam Button at www.forexlive.com.

Source: Eyes on initial jobless claims data after last week's jump

forexlive.com
Forex4you offers wide range of trading accounts with DDE, NDDE and STP executions including more than 100 instruments. Forex4you is based on MetaTrader 4 trading platform. Clients have the advantage of daily technical and fundamental analysis, one-click trading, economic calendar, mobile trading applications, news and forecasts from Dow Jones (UK) and signals from Trading Central (US). In addition, Forex4you offers Forex dictionary, educational materials and lot of "How to" guides about Forex.

forex4you.com   share4you.com   betiforex.com Forex  beginners-guide-to-iq-option-complete-review forex4you review forex4you Forex4you Review - One of the Best Forex Brokers Forex4you Review - One of the Best Forex Brokers forex4you - PAMM forex broker review and feedback from traders forexbinaryoption.ae aroundworld24.com  Affiliate programs  Forex4you Affiliate programs   



forex4you.com