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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
US DATA
- Initial claims increased by slightly more than expected in the week to Apr 15, i.e. capturing the payrolls reference week, at 245k (cons 240k) after a marginally upward revised 240k (initial 239k).
- It left the 4-week average unchanged at 240k, continuing to roughly stabilize in recent weeks having been found to have climbed through Feb/Mar after the sizeable seasonal adjustment revisions of a few weeks ago. This level is relatively elevated compared to 2022 readings but remains historically low.
- The raw, non-seasonally adjusted data (latest 228k) maintain a push towards the top of non-pandemic ‘normal’ readings but haven’t lifted further from there.
- Continuing claims meanwhile showed more of a notable increase though, rising from 1804k to 1865k (cons 1825k) in the week to Apr 8, the highest since Nov 20221.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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