Prior 284k. Revised to 279k Continued claims 2.539m vs 2.495m exp. Prior 2.500m revised to 2.508m 4 week avg 297.25k vs 302k Prior revised to 300.75k
Year on year job cuts were up 24.4% vs -20.2% in June The big jump in numbers was mainly driven by Microsoft announcing 18k in cuts which was the largest layoff announcement so far this year beating HP’s 16k
Forex headlines for July 29, 2014: Fed: Sees significant underutilization of labor resources Fed: Inflation has moved somewhat “closer” to long-run objective Fed repeats that accommodative policy to be appropriate for “considerable time” after asset purchase program Full text of … Continue reading
I just want your gut reactions here: Trade ideas welcome in the comments.
The US dollar has given back all or most of the post-GDP gains against the euro, pound and commodity block.
No surprise. The targets include Russian National Commercial Bank, a weapons manufacturer and an airline company. It’s an open question about how far the EU is willing to go but right now they’re talking tough.
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