Page 29 - Initial Claims News Today

Bryan Woolston/Reuters US jobless claims sank to 473,000 last week, marking the fourth decline in five weeks. Economists expected claims to total 490,000. The prior weeks count was revised higher to 507,000. Continuing claims dropped to 3.66 million for the week that ended May 1, just above estimates. The number of Americans filing for unemployment benefits dropped once again as the US economy reopened further. New jobless claims totaled an unadjusted 473,000 last ...

Marco Bello/Reuters While Aprils jobs report was a huge miss, unemployment claims have fallen for weeks, and just did again. Other positive signals suggest the April data could be revised higher — and hiring is stronger than it seems. Hiring could rebound as barriers like childcare and low wages are reversed, economist Robert Frick said. Theres whiplash in the labor market.  Fridays jobs report was, by nearly all measures, a huge disappointment. Payroll growth w...

5/13/2021 9:42:59 AM GMT | By Pablo Piovano DXY pushes higher and approaches the 91.00 level. Yields of the US 10-year note trade closer to 1.70%. Initial Claims, Producer Prices, Fedspeak come up next. The greenback, in terms of the US Dollar Index (DXY), adds to Wednesday’s sharp gains and trades at shouting distance from the key 91.00 barrier on Thursday. US Dollar Index bid on higher yields, inflation The index advances for the second session in a r...

May 12, 2021 09:51 GMTFXStreet News DXY gives away earlier gains to the 90.40 region. US 10-year yields also creeps lower around 1.61%. US inflation figures tracked by the CPI next of relevance in the docket. The greenback, in terms of the US Dollar Index (DXY), faltered around the 90.40 region and sparked a corrective downside to the 90.25/20 band at the time of writing. US Dollar Index looks to data The index extends the erratic performance so far this week, although it looks well supported ...

The Conference Boards Employment Trends Index - which forecasts employment for the next 6 months - significantly increased with the authors saying " Despite the disappointing April jobs report, the Employment Trends Index significantly increased in April". Analyst Opinion of Conference Boards Employment Index Econintersect evaluates the year-over-year change of this index (which is different than the headline view) - as we do with our own employment index. The year-over-year index growth rate a...

The Conference Board Employment Trends Index™ (ETI) Increased in April Index shows no signs of slowing job growth News provided by Share this article Share this article NEW YORK, May 10, 2021 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) significantly increased in April, after an increase in March. The index now stands at 105.44, up from 102.65 (an upward revision) in March. The index is currently up 45.7 percent from a year ago. "Despite the disappointing April jobs ...

5/7/2021 7:24:16 AM GMT | By Pablo Piovano DXY looks cautious in sub-91.00 levels ahead of NFP. US 10-year yields remain within a consolidative mood near 1.57%. US Nonfarm Payrolls take centre stage later in the session. The greenback, in terms of the US Dollar Index (DXY), alternates gains with losses in the sub-91.00 area at the end of the week. US Dollar Index flat ahead of NFP The index navigates the lower bound of the recent range in the sub-91.00 r...

The US Dollar Index (DXY), which tracks the greenback vs. a bundle of its main competitors, adds to Wednesday’s losses and creeps lower to the vicinit

5/6/2021 2:03:24 PM GMT | By Pablo Piovano EUR/USD’s daily upside clinches peaks near 1.2070. The greenback tumbles further and breaches the 91.00 level. German 10-year Bund yields climb to highs near -0.22%. The buying pressure around the European currency picks up further pace and lifts EUR/USD to new 3-day highs around 1.2070. EUR/USD bid on USD weakness EUR/USD manages to return to the positive territory following two consecutive daily pullbacks, r...

5/3/2021 7:02:49 AM GMT | By Pablo Piovano DXY reverses Friday’s gains above the 91.00 mark. US yields struggle for direction above 1.60% so far. The ISM Manufacturing will take centre stage later in the session. The greenback, when tracked by the US Dollar Index (DXY), has so far met a decent hurdle around 91.40 at the beginning of the week. US Dollar Index looks to data The index reverses the initial optimism and fades earlier gains to the 91.40 area...