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July 6 Initial Claims Preview - 08:30.......>

US DATA
US DATA: July 6 Initial Claims Preview - 08:30 EDT/13:30 BST
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- Initial claims are expected to stay at 221,000 in the July 6 holiday-shortened
week, based on both the Bloomberg consensus and MNI survey of analysts. This
follows a decline of 8,000 in the previous week.
- The four-week moving average would be little changed this week as the 222,000
level in the June 8 week rolls out of the calculation.
- Seasonal adjustment factors expected another unadjusted gain this week due to
the annual auto retooling shutdowns. 

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