The US Initial Claims will represent the last piece of data before the market quickly shuts down for the Christmas festivities. The expectations is for 290K vs 289K last week. Continuing Claims are also expected to remain steady with the estimate at 2375K vs 2373K.

Don’t expect much reaction either way.

Below are the trends for the series.

US initial and continuing claims for the current week.

US initial and continuing claims for the current week.