US Initial Jobless Claims came in 249k vs 236k exp. and 235k previously
Continued Jobless Claims came in 1.877M vs 1.8545M exp. and 1.851M previously
- US Unit Labour Costs Prelim: 0.9% vs 1.7% exp. and 3.8% previously
- US Productivity Prelim Actual 2.3% vs 1.8% exp. and 0.2% previously
- US Challenger Lay-offs report came in 25.885k vs 48.786k for June
The US dollar (USDIDX) pulled back after the upbeat in US jobless claims data, with 10-year treasuries yield pulling back to 4.02% level. Today data signal further cooling off across the US labour market, and 249k is a number quite close to 250k 'recessionary' level.
Source: xStation5
Source: XTB Research, BLS, Macrobond
Source: XTB Research, BLS, Macrobond
Chart of the Day: Who suffers from the oil price drop? (28.07.2026)
Economic Calendar: PayPal, Visa and Coca-Cola to overshadow macro data (28.07.2026)
Morning Wrap: US halt to attacks balanced by semiconductor sector declines (28.07.2026)
Economic Calendar: What you need to watch closely this week❓ (27.07.2026)