U.S. weekly unemployment claims slid

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Source: RTTNews
U.S. first-time jobless claims posted more-than-estimated fall in the week through September 1, the Labor Department said on Thursday. Initial unemployment claims tumbled to 365,000 on week, from 377,000 in the previous week. Economists forecast a decline to 370,000. Separate ADP report posted a wider-than-expected private sector job expansion.
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Thu, 06 Sep 2012 14:41:33 GMT

U.S. ISN non-manufacturing PMI better than expected in August

The Institute for Supply Management said in a report that the U.S. non-manufacturing index jumped to 53.7 in August compared to previous month's reading of 52.6. Experts had predicted the headline reading to advance 53.0 in the month.  Any reading above 50 indicates nation's non-manufacturing sector is generally expanding.

Thu, 06 Sep 2012 15:21:32 GMT

Dollar trims decline, Treasuries continue fall after ADP data

The U.S. Dollar cut losses and Treasuries extended slid on Thursday as ADP reported U.S. firms created 201,000 more jobs in August, exceeding analysts forecasts. The ICE Dollar Index rose to 81.123, trading at 81.085 ahead of ADP data and 81.253 yesterday. 10-year note yields advanced 4 basis points to 1.64%.

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