The U.S. Department of Labor reported that Initial claims for unemployment benefits increased by 13,000 in the week ending February 13 to 861,000, below the 765,000 expected by the market. It is the highest level in four weeks.
Regarding the continued orders these were reduced by 64,000 in the week ended February 6 to 4,494,000, higher than the 4,413,000 of the consensus of analyst estimates.
The data had no impact on the market and the dollar he continued with some weakness. At the same time, data below expectations were also known for housing starts and construction permits.
.
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.
