US Jobless Claims 4-week Average (Mar/21) 210.50K
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Russia's Kirishi oil refinery (355k-400k BPD) has stopped oil processing following Ukrainian drone attacks, according to reports
US PRE-MARKET MOVERS: ARES, JBLU, WS, MARA, NAVN, MLKN, QCOM, ADBE
US Jobless Claims 4-week Average (Mar/21) 210.50K
NATO Secretary General Rutte says it's hard to forecast consequences from Middle-East conflict; Supply of equipment to Ukraine from the US under Purl initiative also continues
NATO Secretary General Rutte says there are 30 nations involved in the talks around keeping shipping lanes open
On the Newsquawk feed at , 20 minutes before this page.
Context
The latest US jobless claims four-week average at 210.50K provides a snapshot of labor market stability. This figure remains low, suggesting continued resilience in employment; however, traders should monitor if it indicates a broader trend or merely noise within the data. Overall, this may impact expectations around monetary policy, particularly regarding how the Fed views employment when assessing the growth-inflation balance.
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