US initial jobless claims rose 5k to 215k in the week ended October 20, above expectation of 208K. Four-week moving average of initial claims was unchanged at 211.75k. Continuing claims dropped -5k to 1.636m in the week ended October 13, lowest since August 4, 1973. Four-week moving average of continuing claims dropped -6.75k to 1.6465m, lowest since August 11, 1973.

Also from the US, trade deficit widened to USD -76.0B in September. Headline durable goods orders rose 0.8% September, above expectation of -1.1%. But ex-transport orders rose 0.1%, below expectation of 0.3%. Wholesale inventories rose 0.3% mom in September.

- advertisement -

Dollar has little reaction to the batch of data overall.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.