One Big Week for Economic News
U.S. jobless claims. The consensus is for 370000 new jobless claims. The annual summer retooling of auto factories could affect the number. The four-week average of jobless claims is mildly encouraging. ECB Council meeting. The head of the ECB, Mario …
All Eyes On Central Banks
Futures Edge Lower; Investors Await Fed, ECB
Jobless Claims Fall More Than Expected
The reading for jobless claims has been volatile this month because of the timing of the annual auto plant shutdowns for retooling. The reading had touched a four-year low in the July 7 week at 352000. One measure that tries to smooth out this …
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