US DATA: Initial jobless claims -27k to 451k in Sept 4 wk, well
below 470K expected. The Labor Dept analyst said due to Sept 6 Labor Day
holiday, 9 states were unable to report figures and so were estimated.
However, analyst stresses large drop in claims not the result of
estimated data, as numbers now received from states are in line with
estimate, and not to expect large revisions next week. NSA claims -6,476
to 376,558 vs seas adj expected +16,000. 4-wk moving avg -9,250 to
477,750. Continuing claims -2k to 4.478m in Aug 28 wk.