US DATA: Initial jobless claims -2k to 402k in Oct 22 wk, slightly
below the 405k level expected. Claims in the prev wk rev up to 404k from
the original estimate of 403k. Claims in the Oct. 8 wk revised up to
411k from 409k reported previously. Labor analyst said there was nothing
unusual in the state data and no states were estimated. Unadjusted
claims +17,007 to 374,231 vs seas factors expectation of 18,000. The
4-wk moving avg +1,750 to 405,500 in Oct 22 wk. Continuing claims -96k
to 3.645m in the Oct 15 employment survey wk, down 107k from the 3.752m
level in the Sept 17 employment survey week.