• Initial Jobless Claims rose by 4,000 within the week ending July 2.
  • US Dollar Index consolidates weekly features close to 107.00 after the information.

There have been 235,000 preliminary jobless claims within the week ending July 2, the weekly knowledge printed by the US Department of Labor (DOL) confirmed on Thursday. This print adopted the earlier week’s print of 231,000 and got here in barely larger than the market expectation of 230,000.

Further particulars of the publication revealed that the advance seasonally adjusted insured unemployment fee was 1% and the 4-week shifting common was 232,500, a rise of 750 from the earlier week’s common.

“The advance number for seasonally adjusted insured unemployment during the week ending June 25 was 1,375,000, an increase of 51,000 from the previous week’s revised level,” the publication learn.

Market response

The US Dollar Index confirmed no speedy response to these figures and was final seen shifting sideways round 107.00.

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