CANADA MAY RETAILS -0.8% VS FORECAST -0.6%, PRIOR +0.6%

MNI: Canada June Retails Fall And May Biggest Drop In A Year

MNI China Daily Summary: Friday, July 19

MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: BAKER HUGHES US RIG COUNT 586; OIL RIGS 477; GAS RIGS 103

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Initial Claims Surprise Lower In Payrolls Period But Still Trend Higher

US DATA
Metals bulletEM BulletHomepagemarkets-real-timeCommoditiesEmerging Market NewsEnergy BulletsBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • Initial jobless claims surprised lower with a seasonally adjusted 215k (cons 220k) in the week to May 18, covering the payrolls reference period, after a marginally upward revised 223k (initial 222k).
  • The four-week average still increased 2k to 220k for a 10k increase since late April, nudging above the 218k averaged in 2019 for the first time since Sep’23.
  • In NSA terms, the 192k figure is firmly in keeping with recent years and there don’t look to be any particular standout readings in the state-wide data.

86 words

To read the full story

Close

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.
  • Initial jobless claims surprised lower with a seasonally adjusted 215k (cons 220k) in the week to May 18, covering the payrolls reference period, after a marginally upward revised 223k (initial 222k).
  • The four-week average still increased 2k to 220k for a 10k increase since late April, nudging above the 218k averaged in 2019 for the first time since Sep’23.
  • In NSA terms, the 192k figure is firmly in keeping with recent years and there don’t look to be any particular standout readings in the state-wide data.