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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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Free AccessInitial unemployment claims were well above.>
US DATA: Initial unemployment claims were well above estimates in the
March 3 week, +21k to 231k, after hitting a decades-low level in the
previous week. Claims were expected to rise to only 220k.
- Even with the rebound, the level of claims remains well below the
252k level in the comparable week a year earlier.
- The 4-wk moving avg +2,000 to 222,500, and could tick up further next
week as the 229k level in Feb 10 week rolls out. Still, the underlying
level of claims remains very low.
- Unadj claims +30,519 to 226,450 in the current week, a larger increase
than seasonal factors expected, but below the year ago level of 243,959.
- Claims were estimated in Colorado and Maine and have still not
returned to normal in Puerto Rico and the Virgin Islands.
- Continuing claims -64k to 1.870m in the Feb 24 week, the lowest since
the Nov 4 week, after a 59k rise in the previous week.
To read the full story
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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.