Reply To: Traders Market Weekly: US Elections, Rates and Inflation

#47008
Truman
Participant

Weekly initial jobless claims came in at 217,000 (consensus 222,000) after last week’s revised total of 218,000 (from 217,000). Continuing claims totaled 1.485 million after last week’s total of 1.438 million.

The trade deficit increased to $73.3 billion in September (consensus -$71.08 billion) from a revised -$65.7 billion (from -$67.4 billion) in August.

The preliminary productivity reading for Q3 rose 0.3% (consensus 0.5%) following a 4.1% decline in Q2. Preliminary unit labor costs rose 3.5% in Q3 (consensus 4.2%) following a 10.2% increase in Q2.