BREAKING: US jobless claims lower than expected. US100 gains

13:31 8 August 2024

US jobless claims came in: 223k vs 240k exp. and 249k previously

  • US continued jobless came in 1875k vs 1871k exp. and 1877k previously

In the morning, JPMorgan raised the probability of a US recession in 2024 to 35% from 25% estimated before. However, stronger claims reading signal potentially lower recession odds. Wall Street indices rebound after the US labour market data.

Źródło: xStation5

Source: BLS, Bloomberg Finance L.P, XTB Research

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Back

Join over 1.6 Million investors from around the world