US Continuing Jobless Claims (Apr/18) 1785k
The latest figures for US continuing jobless claims stand at 1,785,000, which is a crucial indicator of the labor market's health.
EU Chips Act revamp would let the Economic Commission invest directly in fabs, according to reports
Citi maintains its gold price targets at USD 4,300/oz for 0-3 months, and USD 5,000/oz for 6-12 months; adds that selling pressure on gold could remain strong in the very near term due to Middle East uncertainty
US Continuing Jobless Claims (Apr/18) 1785k
ING says "edging towards a BoE hike in June", following BoE meeting (prev. saw no tightening in 2026)
Meta Platforms (META) seeks to raise as much as USD 25bln from its six-part debt sale
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A persistent high level could signal underlying weakness in the job market, potentially impacting the Federal Reserve's policy decisions in the near term. Traders should be cautious about implications for risk sentiment and the overall economic outlook.
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