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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 jobless claims were lower than expected at 209k (cons 227k) in the week to Nov 18, covering the payrolls reference period, after a slightly upward revised 233k (initial 231k).
- The four-week average dipped 1k to 220k, consolidating the climb off a recent low of 206k in mid-Oct back to roughly the 2019 average of 218k.
- Comparing with the previous payrolls reference week in October, latest SA claims have closed the gap with 209k vs 200k, although the 4wk average of 220k is still more notably higher than the 206k of October.
- Continuing claims also came in lower than expected at a seasonally adjusted 1.84M (cons 1.875M) in t he week to Nov 11 after a marginally downward revised 1.862M. It sees a relatively modest pull back compared to the scale of the recent increases that in the prior week pushed to a new ytd high and the highest since Nov’21.
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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