wrapper

Unemployment Claims increased to 293,000

Thursday, Jan 21 2016
In the week ending January 16, the advance figure for seasonally adjusted initial claims was 293,000, an increase of 10,000 from the previous week's revised level. Analysts were anticipating decrease to 279,000. The previous week's level was revised down by 1,000 from 284,000 to 283,000. The 4-week moving average was 285,000, an increase of 6,500 from the previous week's revised average. The previous week's average was revised down by 250 from 278,750 to 278,500.  
 The advance seasonally adjusted insured unemployment rate was 1.6% for the week ending January 9, a decrease of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 9 was 2,208,000, a decrease of 56,000 from the previous week's revised level. The previous week's level was revised up 1,000 from 2,263,000 to 2,264,000. The 4-week moving average was 2,227,750, an increase of 3,250 from the previous week's revised average. The previous week's average was revised up by 250 from 2,224,250 to 2,224,500.  
 
Euro is currently being traded few points above 1.08 level, Sterling is around 1.41 handle, while Aussie is around 0.6920 area. Later today, Crude Oil Inventories figures are scheduled for a release.
More in this category: « Aussie supported by increase in iron ore prices Philly Fed Manufacturing Index rose more than expected »

Latest from Editor

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.