Latest currency news


U.S. benefits claims rise by 9,000 in a week

The number of Americans who applied for unemployment benefits for the first time increased by 9 thousand last week and reached 244 thousand people, according to a report from the Department of Labor USA. This is the highest level since the beginning of November 2021.

Analysts, on average, had expected a decline to 234,000 from the previously announced level of the previous week, according to MarketWatch. Respondents from Trading Economics and Bloomberg did not expect a change.

Meanwhile, the average number of applications over the past four weeks, a less volatile indicator, increased by 3.25 thousand to 235.75 thousand.

The number of Americans continuing to receive unemployment benefits for the week ended July 9 fell to 1.331 million from a revised 1.372 million in the previous week. This figure has returned to pre-pandemic levels.

At the same time, experts on average predicted an increase to 1.383 million, according to Trading Economics.


About author

Oxford graduate with honors. He worked in large financial projects for well-known Wall Street corporations. After he earned his first capital and a reputation as a successful trader, he opened his own company. At the moment, the growth of the company's capital is 20% per year.
Related posts

Japan from August 1 introduces a ban on the import of gold from the Russian Federation


European stock markets decline moderately during trading


Business confidence in German economy Ifo declined in July


NLMK Group reduced steel production by 1% over the first half of the year

Sign up for our Newsletter and
stay informed

Leave a Reply

Your email address will not be published.