US jobless claims came below analysts's expectations. Jobless Claims:
- Actual: 230k. Expected 248k. Previous 245k.
Lower data suggest that labour market is still strong, despite recent hike to 245k. US500 rose sligtly but so far withount any significant reaction. At the same time GDP and PCE data were released, which were equally important.
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Open account Try demo Download mobile app Download mobile appDollar appreciated slightly. A stronger reading from the labor market still gives hawkish arguments in the hands of the Fed. What is more important, the number of continued applications has surprisingly decreased despite their expected increase. At the same time, data on private consumption turned out to be weaker.
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