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Unemployment Claims decreased to 307,000

In the week ending January 17, the advance figure for seasonally adjusted initial claims was 307,000, a decrease of 10,000 from the previous week's revised level. Analysts were anticipating decrease to 301,000. The previous week's level was revised up by 1,000 from 316,000 to 317,000. The 4-week moving average was 306,500, an increase of 6,500 from the previous week's revised average. 

US PPI decreased by 0.3%

The Producer Price Index for final demand fell 0.3% in December, seasonally adjusted, in line with market forecasts. Final demand prices decreased 0.2% in November and advanced 0.2% in October. On an unadjusted basis, the index for final demand increased 1.1% in 2014 after rising 1.2% in 2013.
 
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Unemployment Claims decreased to 294,000

In the week ending January 3, the advance figure for seasonally adjusted initial claims was 294,000, a decrease of 4,000 from the previous week's unrevised level of 298,000. Analysts were anticipating decrease to 291,000. The 4-week moving average was 290,500, a decrease of 250 from the previous week's unrevised average of 290,750.  

USD - Major events in the week ahead

Events that marked the week:

 

In the Monday's US session Existing Home Sales figures were released. Existing Home Sales fell 6.1% to a seasonally adjusted annual rate of 4.93 million in November from a downwardly-revised 5.25 million in October. Analysts were anticipating rate of 5.21 million. Sales dropped to their lowest annual pace since May (4.91 million) but are above year-over-year levels (up 2.1% from last November) for the second straight month.

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