US initial jobless claims 189K vs 215K estimate
Prior week 214K revised to 215K Iniital jobless claims 189K vs 215K estimate 4 week moving average 207.5K vs 211.00 last week Continuing claims 1.785M vs 1.815M estimate. Prior 1.808M 4 week moving average of continuing claims 1.797M vs 1.809M The largest increases in initial claims for the week ending April 18 were in New York (+2,885), California (+1,590), Tennessee (+1,562), Kentucky (+1,179), and South Carolina (+1,115), The largest decreases were in New Jersey (-4,280), Pennsylvania (-2,742
The lower initial jobless claims suggest a strengthening labor market, which may lead to a bullish sentiment in the forex markets, particularly for the USD. Traders may anticipate a potential increase in interest rates as a result of improved economic conditions.
Prior week 214K revised to 215K Iniital jobless claims 189K vs 215K estimate 4 week moving average 207.5K vs 211.00 last week Continuing claims 1.785M vs 1.815M estimate. Prior 1.808M 4 week moving average of continuing claims 1.797M vs 1.809M The largest increases in initial claims for the week ending April 18 were in New York (+2,885), California (+1,590), Tennessee (+1,562), Kentucky (+1,179), and South Carolina (+1,115), The largest decreases were in New Jersey (-4,280), Pennsylvania (-2,742), Virginia (-1,528), Wisconsin (-1,248), and Indiana (-1,150) The This article was written by Greg Michalowski at investinglive.com.
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