U.S. unemployment claims fall more than forecast

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Source: RTT News
Initial jobless claims for unemployment benefits in the world's largest economy declined at a steeper pace than economists originally expected in the week to December 21, reflecting higher volatility on the labour market during the holidays. The U.S. jobless claims dropped from 380,000 to 338,000 last week, while it was forecast to record 340,000.

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Fri, 27 Dec 2013 07:02:03 GMT

South Korean consumer confidence stays flat in December

Consumer confidence in South Korea stayed firm in December following a modest advanced recorded in the month before, the latest figure revealed by the Bank of Korea showed on Thursday. According to the report, the South Korean consumer confidence index stayed at 107 in the month of December, while inflation expectations of households remained at 2.9%.

Fri, 27 Dec 2013 06:40:03 GMT

Treasuries fall on jobless claims

U.S. Treasuries declined on Thursday with the benchmark 10-year yields touching the strongest level in over three months after the U.S. government report showed that initial unemployment benefit-claims dropped more than economists' initially expected last week. 10-year bonds yielded 0.02% higher at 2.998%, the most since September 6.

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