US Initial Jobless Claims (Jan/10) 198K vs. Exp. 215K (Prev. 208K, Rev. 207K)
The latest US Initial Jobless Claims data came in at 198K, significantly below expectations of 215K, indicating a stronger labor market than anticipated.
Fed's Goolsbee (2028 Voter) says he's not surprised by low initial jobless claims numbers; Chicago Fed data showed stability in the labour market
US CPC says a transition to ENSO neutral conditions likely early 2026
US Initial Jobless Claims (Jan/10) 198K vs. Exp. 215K (Prev. 208K, Rev. 207K)
Argentina's Economic Minister announces that they have approved USD 665mln gold mining project for Minas Argentina's under RIGI Scheme, via sources
US Republican Hill spoke to Fed's Powell after subpoenas; Fed and House Financial Services Committee working on data of Powell semi-annual testimony
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This beat, along with revisions to previous figures, could bolster the case for continued Fed rate hikes as it suggests labor resilience amid a tightening environment, potentially impacting both risk sentiment and forex markets during today's trading sessions.
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