01:30 PM BST, United States - Employment Data:
- Continuing Jobless Claims: actual 1,965K; forecast 1,980K; previous 1,955K;
- Initial Jobless Claims: actual 227K; forecast 236K; previous 232K;
- Jobless Claims 4-Week Avg.: actual 235.50K; previous 241.25K;
The jobless claims report shows strong data once again following the recent NFP release. Claims came in lower than expected at 236,000, declining further toward the lower support area, suggesting continued strength in the labor market
Daily summary: Weak US data drags markets down, precious metals under pressure again!
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