US initial jobless claims rose 4k to 229k in the week ending May 20, below expectation of 253k. Four-week moving average of initial claims was unchanged at 232k. Continuing claims dropped -5k to 1794k in the week ending May 13. Four-week moving average of continuing claims dropped -12k to 1800k. Full US jobless claims release […]
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China’s trade surplus widened to USD 103.2B in May, exceeding expectations of USD 101.3, even as headline export and import figures undershot forecasts. Exports rose 4.8% yoy, just shy of the 5.0% yoy consensus. Imports Read more…
Key Highlights EUR/USD corrected some gains from the 1.1500 resistance zone. A connecting bullish trend line is forming with support at 1.1330 on the 4-hour chart. GBP/USD tested the 1.3600 resistance and corrected some gains. Read more…
There are several economic reports worth looking at this week, but pay closer attention to two economic events. One will come from London. The other comes Friday from Michigan. 🔥Get $100 off TheStreet Pro — our Read more…