U.S. ECO PREVIEW: Trade and Jobless Claims Due in 5 Minutes
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.
- Trade Balance -46.3b; range -47.5b to -44.9b (61 estimates)
- "The May advance trade in goods report recently indicated that the trade gap in 2Q may be narrower than what had been implied by just one month of data in the full report for trade in goods and services in April. Yet, the latest results still show trade is unlikely to add to growth": Bloomberg Intelligence
- Initial Claims 243k; range 230k to 250k (41 estimates)
- Cont. Claims 1940k; range 1925k to 1950k (6 estimates)
- "Businesses continue to scramble to find workers (skilled or unskilled) amid strengthening aggregate demand": Bloomberg Intelligence
- Jobless claims remain near a 44-year low of 227,000 set in February
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283