US Initial Jobless Claims (Apr/25) 189k vs. Exp. 215k (Prev. 214k, Low. 199k, High. 225k)
The US Initial Jobless Claims figure of 189k significantly beats expectations of 215k and is also a decline from the previous week’s reading of 214k.
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 Initial Jobless Claims (Apr/25) 189k vs. Exp. 215k (Prev. 214k, Low. 199k, High. 225k)
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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This larger-than-expected drop indicates strength in the labor market, which may influence the Federal Reserve's decision-making around policy and interest rates, reinforcing the growth-inflation mix narrative.
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