HALISTER1: U.S. ECO PREVIEW: Philly Fed, Jobless Claims Due in 5 Minutes

U.S. ECO PREVIEW: Philly Fed, Jobless Claims Due in 5 Minutes

(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
  • Philly Fed 18.5; range 10 to 26 (48 estimates)
    • The six-month forward index of capital expenditures deserves attention as it has risen for three consecutive months: Bloomberg Intelligence
  • Initial Claims 240k; range 230k to 247k (40 estimates)
  • Cont. Claims 1950k; range 1925k to 2010k (4 estimates)
    • Claims dropped the prior week, defying expectations and suggesting monthly payroll gains of 200,000 are likely to continue: Bloomberg Intelligence
    • Initial claims have been running near four-decade lows
    • Total unemployment rolls are at a 28-year low

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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