U.S. ECO PREVIEW: Jobless Claims, Import Prices Due in 5 Min.
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Initial jobless claims seen at 270k in wk ended May 7 vs 274k prior wk (forecast range 256k to 280k).
Alert: HALISTER1- Prior wk was highest since wk ended March 25
- Import price index seen rising 0.6% in April after increasing 0.2% in March (forecast range -2 to +1.7%)
- “A weaker dollar and higher oil prices should push import prices higher in short order": Bloomberg Intelligence
Source: BFW (Bloomberg First Word)
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UUID: 7947283