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BREAKING: higher than expected jobless claims 🛎

2:32 PM 25 January 2024

01:30 PM GMT, United States - Employment Data:

  • Initial Jobless Claims: actual 214K; forecast 200K; previous 189K;
  • Jobless Claims 4-Week Avg.: actual 202.25K; previous 203.75K;

 

01:30 PM GMT, United States - Durable Goods for December:

  • Durables Excluding Defense: actual 0.5% MoM; previous 6.9% MoM;
  • Durable Goods Orders: actual 0.0% MoM; forecast 1.1% MoM; previous 5.5% MoM;
  • Core Durable Goods Orders: actual 0.6% MoM; forecast 0.2% MoM; previous 0.5% MoM;

Reaction to the reports may be somewhat muted because US Q4 GDP and annualized data were released at the same time.

 

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