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Initial Jobless Claims
08-05-2008 - Crown Forex | Fundamental Reports

Previous Analysis | Next Analysis Previous: 380 Thousand
Forecast: 375 Thousand
Definition
A measure of the number of people filing first-time claims for state unemployment insurance. Issued by the Labor Department on a weekly basis; on Thursday at 8:30 a.m. Eastern time, the data is for the week ended the previous Saturday.
General Effect
Occasionally moves market, timely. Considered a good gauge of the condition of the labor market and good indicator to the tone of the employment report.
the series are volatile and subject to revisions. The four-week average is used to gauge the underlying trend in claims.
The effect of the rising number is negative for both the dollar and the indices.
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Crown Forex CROWN FOREX SA, located at St-Hubert 38, 2854 Bassecourt, P.o.box 247, Switzerland, is fully regulated as a financial intermediary under Swiss federal law on the prevention of money laundering (LBA, MLA). Our company is also affiliated with the ARIF association, thus overseen by the Swiss federal de...DISCLAIMER:
The above may contain information for investors/traders and is not a recommendation to buy or sell currencies, gold, silver & energies, nor an offer to buy or sell currencies, gold, silver & energies. The information provided is obtained from sources deemed reliable but is not guaranteed as to accuracy or completeness. I am not liable for any losses or damages, monetary or otherwise that result. I recommend that anyone trading currencies, gold, silver &energies should do so with caution and consult with a broker before doing so. Prior performance may not be indicative of future performance. Currencies, gold, silver &energies presented should be considered speculative with a high degree of volatility and risk
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