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Why MNI
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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 below.>
US DATA: Initial unemployment claims were well below estimates in the
Feb 24 holiday wk, continuing to reach new depths. Claims were -10k
to 210k, hitting the lowest point since the Dec 6, 1969 wk.
- The 4-wk moving avg -5,000 to 220,500 and could fall even further next
wk as the 223k level in Feb 3 wk rolls out.
- Unadj claims -16,316 to 195,897 in the current wk, a larger decrease
than seasonal factors expected, and below the year ago level of 212,829.
- Claims were estimated in Maine and have still not returned to normal
in Puerto Rico and the Virgin Islands. However, the lack of a significant
number of estimates suggests that the headline number will not be sharply
revised next wk.
- Continuing claims +57k to 1.931m in the Feb 17 employment survey wk,
partially recovering the previous week's dip. The level of continuing
claims is down 9,000 from the 1.940 million level in the January 13
employment survey wk.
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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.