US jobless claims came in 217k vs 210k exp. and 201k previously
- US continued jobless claims: 1.859M (Forecast 1.87M, Previous 1.867M)
US Philly Fed business index: 44.3 (Forecast -5, Previous -16.4)
US Dollar weakened after higher claims number, 'supported' also by weaker than expected retail sales growth in December, which came in 0.4% vs 0.6% exp. and 0.7% previously. On the other hand, US Philly Fed came in much stronger.
Source: xStation5
Market Wrap: A 4% surge in oil prices weighs on indices (08.10.2026)
Morning wrap: Wall Street and precious metals attempt to stabilize as oil gains nearly 2%
Large decline in crude inventories 🛢️📉
Economic calendar: quiet Wednesday, FOMC protocol and oil market in focus 🛢️