Free Trial

Initial Claims Surprisingly Strong

US DATA
  • Initial claims were stronger than expected in the week to Oct 15, falling from 226k to 214k (cons 232k).
  • It keeps the 4wk average at just 212k, below the 2019 average of 218k and further sign of labor market tightness.
  • The week should capture the reference week for next month’s payrolls report (Nov 4) - chart below.


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.