US releases weekly Unemployment Claims

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The US statisticians have published the weekly Unemployment Claims numbers. Released numbers are below market expectations, which is causing a recovery of the US Dollar and the US stock markets.

Consensus forecast was that the Unemployment Claims would come in at 241,000 new people claiming unemployment insurance during the week. The actual number is 233,000, which is seen as positive.

The markets are currently watching closely all employment and inflation data, as it signals whether the US Federal Reserve will keep interest rates unchanged or cut rates. Bad employment data is a signal that the Fed has to cut rates to save the economy. On August 8th, the markets forecast that the Fed is 100% set to decrease rates by 50 base points at the September meeting.
Back to articles

Actual Topics

Tue, 13 Aug 2024 12:38:23 GMT

US producer inflation is below forecasts

The United States Bureau of Labor Statistics has just published the monthly Producer Price Index data. In general, the data has revealed below expected inflation. The US Dollar is reacting to the news by declining. PPI showed a reading of 0.1% instead of expected 0.2%. The Core PPI showed 0.00% change instead of forecast growth of 0.2%. This data release consisted

Fri, 02 Aug 2024 12:41:14 GMT

US employment causes major USD drop

The US Bureau of Labor Statistics has published the monthly employment data. Released data has shown a major increase in unemployment. The US Dollar index is reacting to the news by sharply declining below the 104.00 mark. Average Hourly Earnings were forecast to show a monthly increase of 0.3%. The actual income change is just 0.2%. Non-Farm Employment Change was expected to

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.