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Unemployment Claims rose to 282,000

Thursday, Sep 03 2015
In the week ending August 29, the advance figure for seasonally adjusted initial claims was 282,000, an increase of 12,000 from the previous week's revised level. Analysts were anticipating smaller increase to 273,000. The previous week's level was revised down by 1,000 from 271,000 to 270,000. The 4-week moving average was 275,500, an increase of 3,250 from the previous week's revised average. The previous week's average was revised down by 250 from 272,500 to 272,250.  
 
Separate report showed that the goods and services deficit was $41.9 billion in July, down $3.3 billion from $45.2 billion in June, revised. July exports were $188.5 billion, $0.8 billion more than June exports. July imports were $230.4 billion, $2.5 billion less than June imports. The July decrease in the goods and services deficit reflected a decrease in the goods deficit of $3.4 billion to $61.4 billion and a decrease in the services surplus of less than $0.1 billion to $19.6 billion.
 
Euro fell to 1.1130 level mostly due to ECB press conference, Sterling is currently being traded around 1.5270 area, while Aussie is at 0.72 handle.
More in this category: « UK Services PMI fell to lowest level since May 2013 Draghi says ECB will closely monitor incoming data »

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