US unemployment data is better than expected by Arab trader

US unemployment data is better than expected by Arab trader
US unemployment data is better than expected by Arab trader

© Reuters. US unemployment data is better than expected

Arabictrader.com – The data released by the US Census Bureau today, Thursday, showed positive data for the US jobless claims index, as the US unemployment benefits index rose by 281 thousand applications during the past week, while expectations indicated a rise by 290 thousand applications only, and the previous reading of the index was It recorded an increase of about 290 thousand orders during the previous week.

This indicator measures the change in the number of applicants for unemployment benefits for the first time during the past week, and its data is collected on a weekly basis. Also, the preliminary indicator data has a strong impact on the financial markets, unlike the continuous unemployment benefits, which measures the number of people benefiting from unemployment benefits.

Also, by watching the unemployment benefits data, investors can form a view about the employment market. In the case of wage inflation, the possibility of raising interest rates increases in addition to a decline in stock and bond prices, so it must be remembered that a decrease in unemployment benefits means a strong employment market and vice versa.

See the original article

Explanation of the risks: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source

unemployment data expected Arab trader

 
For Latest Updates Follow us on Google News
 

NEXT Watch: 110: 112 Dramatic for Brooklyn over the Knicks