US initial jobless claims rose 1k to 217k in the week ending August 31, slightly above expectation of 215k. Four-week moving average rose 1.5k to 216.25k. Continuing claims dropped -39k to 1.662m in the week ending August 24. Four-week moving average dropped -6.25k to 1.692m.
Also from US, non-farm productivity was finalized at 2.3% in Q2, unrevised. Unit labor costs was finalized at 2.6%, revised up from 2.4%.
