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May 25 Initial Claims Preview - 08:30.......>

US DATA
US DATA: May 25 Initial Claims Preview - 08:30 EDT/13:30 BST
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- Initial claims are expected to rise in the May 25 week to 215,000 based on the
Bloomberg consensus and to 212,000 based on an MNI survey of analysts following
a small decline to 211,000 in the previous week.
- In weeks where there is a Monday holiday, as there was this week, the shorter
reporting period for states tends to lead to estimated figures rather than hard
numbers, raising the chance of a revision with the following week's data.
- Seasonal adjustment factors expect unadjusted claims to rise in the May 25
week ahead of Memorial Day.
- The four-week moving average would decline further this week as the 230,000
level in the April 27 week rolls out.

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