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    HomeLive CommentsUS initial jobless claims rose to 225k, versus exp. 215k

    US initial jobless claims rose to 225k, versus exp. 215k

    ActionForex
    By ActionForex

    US initial jobless claims rose 14k to 225k in the week ending November 9, above expectation of 215k. Four-week moving average of initial claims rose 1.75k to 215.25k.

    Continuing claims dropped -1k to 1.683m in the week ending November 2. Four-week moving average of continuing claims was unchanged at 1.688mm.

    Also released. PPI rose 0.4% mom, 1.1% yoy in October, above expectation of 0.2% mom, 0.9% yoy. PPI core rose 0.3% mom, 1.6% yoy, versus expectation of 0.2% mom, 1.6% yoy.

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