HomeLive CommentsUS initial jobless claims rose to 224k, durables dropped -4.4%, Dollar lower

US initial jobless claims rose to 224k, durables dropped -4.4%, Dollar lower

Initial jobless claims rose 3k to 224k in the week ended November 17, above expectation of 215k. Four-week moving average of initial claims rose 2k to 218.5k.

Continuing claims dropped -2k to 1.668M in the week ended November 10. Four-week moving average of continuing claims rose 7.5k to 1.650M.

Headline durable goods orders dropped sharply by -4.4% in October, missed expectation of -2.5%. Ex-transport orders rose just 0.1%, missed expectation of 0.4% too.

Dollar trades notably lower after the releases.

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