Nomura economists led by Lewis......>

US DATA PREVIEW: Nomura economists led by Lewis Alexander said on Thurs 8:30am

ET US weekly initial jobless claims out that "initial claims data indicate

continued labor market tightness. For the week ending July 22, initial claims

increased 10k to 244k, remaining within a low steady range." 

- They add the "4-week moving average, a less volatile reading, remained

unchanged at 244k. For the week ending July 15, continuing claims decreased

slightly to 1964k from 1977k one week prior. The insured unemployment rate

remained unchanged at 1.4%. With a historically low unemployment rate and strong

payroll growth, we expect these series to remain subdued over the medium term."