US: Weekly initial claims was 233,000, a decrease of 15,000 from the previous week

"In the week ending July 15, the advance figure for seasonally adjusted initial claims was 233,000, a decrease of 15,000 from the previous week's revised level," announced the US Department of Labor on Thursday.

Key highlghts:

  • The 4-week moving average was 243,750, a decrease of 2,250 from the previous week's revised average.
  • The previous week's average was revised up by 250 from 245,750 to 246,000. 
  • The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending July 8, unchanged from the previous week's unrevised rate.
  • The advance number for seasonally adjusted insured unemployment during the week ending July 8 was 1,977,000, an increase of 28,000 from the previous week's revised level.
  • The 4-week moving average was 1,959,000, an increase of 8,750 from the previous week's revised average.

United States Initial Jobless Claims came in at 233K, below expectations (245K) in July 14

United States Initial Jobless Claims came in at 233K, below expectations (245K) in July 14
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Draghi Speech: Monetary policy has continued to secure very favourable financing conditions needed

Mario Draghi, President of the ECB, is giving his remarks on the monetary policy decisions, with key headlines, via Reuters, found below: Monetary
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