6 Jun 2013
Flash: US weekly jobless coming up – TD Securities
FXstreet.com (London) - TD Securities research teams have reminded us that the weekly jobless claims are expected to improve.
They say that there is the consensus for an improvement by 9K to 345K, but say all eyes are on payrolls tomorrow after overnight disappointment in ADP and employment sub-index of the non-manufacturing report. They said that the consensus is likely attaching considerable downside risk to its +165k forecast, while at this stage with stick with +168k and 7.4% unemployment rate.
They say that there is the consensus for an improvement by 9K to 345K, but say all eyes are on payrolls tomorrow after overnight disappointment in ADP and employment sub-index of the non-manufacturing report. They said that the consensus is likely attaching considerable downside risk to its +165k forecast, while at this stage with stick with +168k and 7.4% unemployment rate.