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US Durable Goods Orders rose by 4.9%

Orders for U.S. capital goods rebounded in January by the most since June 2014, representing a pause in manufacturing’s downturn. Bookings for non-military equipment excluding commercial aircraft jumped 3.9%, more than forecast, after a 3.7% decrease in December that was smaller than previously reported, data from the Commerce Department showed Thursday. Orders for all durable goods rose 4.9%, the most since March. Analysts were anticipating 3.0% increase. Read more...

Unemployment Claims decreased to 269,000

In the week ending February 13, the advance figure for seasonally adjusted initial claims was 262,000, a decrease of 7,000 from the previous week's unrevised level of 269,000. Analysts were expecting increase to 275,000. The 4-week moving average was 273,250, a decrease of 8,000 from the previous week's unrevised average of 281,250. Read more...

Unemployment Claims decreased to 269,000

In the week ending February 6, the advance figure for seasonally adjusted initial claims was 269,000, a decrease of 16,000 from the previous week's unrevised level of 285,000. Analysts were anticipating increase to 287,000. The 4-week moving average was 281,250, a decrease of 3,500 from the previous week's unrevised average of 284,750. There were no special factors impacting this week's initial claims.


The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending January 30, 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 30 was 2,239,000, a decrease of 21,000 from the previous week's revised level. The 4-week moving average was 2,248,000, a decrease of 6,250 from the previous week's revised average.

Euro is currently being traded few points above 1.13 level, Sterling is around 1.44 handle, while Aussie is around 0.7070 area.

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Unemployment Claims increased to 285,000,

In the week ending January 30, the advance figure for seasonally adjusted initial claims was 285,000, an increase of 8,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 278,000 to 277,000. The 4-week moving average was 284,750, an increase of 2,000 from the previous week's revised average. The previous week's average was revised down by 250 from 283,000 to 282,750.  Read more...

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