U.S. ECO PREVIEW: Jobless Claims, Advance Trade Due in 5 Minutes
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
- Adv Goods Trade Balance $-64.5b; range $-65.6b to $-55b (39 estimates)
- Wholesale Inv. 0.2% m/m; range 0.2% to 0.4% (9 estimates)
- Initial Claims 238k; range 228k to 245k (43 estimates)
- "Unusual timing of the annual auto retooling period could lift claims in the near term. However, this will not reflect deteriorating labor market conditions, but rather result from difficulties of seasonally adjusting jobless claims during this time": Bloomberg Intelligence
- The prior report showed initial claims were the lowest since February; continuing claims matched the lowest level since 1973
- Cont. Claims 1925k; range 1910k to 2010k (7 estimates)
- KC Fed 9; range 7 to 10 (6 estimates)
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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To modify this alert, click here
UUID: 7947283