The U.S. Department of Labor reported that Initial claims for unemployment benefits fell by 19,000 in the week ended December 26 to 787,000. The data was better than expected, since the market consensus was for an increase to 833,000. It is the lowest figure in the last four weeks.
Regarding the continued ordersThese also showed better numbers than expected, as they fell to 5,219,000 in the week ended December 19, lower than the 5.39 million of the market consensus. The data was the lowest since March, when the impact of the pandemic began to be felt.
He dollar it was not affected by the data. The greenback continues with a bearish bias and rises only against a small group of currencies on Thursday, in a day of limited volume. Subsidy data is the latest relevant report for 2020.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
