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The number of Americans filling for jobless claims dropped to 0.232 million compared to 0.243 million reported in the previous week. Today’s reading came in below market expectations of 0.248 million.
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Continuing claims reading, which lags initial jobless claims data by one week, rose to 1.43 million from 1.41 million, while analysts expected an increase to 1.43 million.
Economic calendar: US PPI report and central bankers speeches in focus
Economic Calendar: A Week Overshadowed by Geopolitics and the Q1 Earnings Season
BREAKING: University of Michigan - weaker consument, higher inflation
BREAKING: US CPI higher, but below expectations! 🚨