Initial and Continuing Claims more or less as expected. US Trade Deficit improves sharply. Helps 1Q GDP
Initial Claims 654K vs 660 K
Contininng Claims 5840K vs 5800
The Employment picture remains bleak.
US Trade Plunges on headline to -26B versus. Exports up 1.6%. Imports -5.1%. The Real Deficit also fell sharply to -35.604 Billion. Down sharply from -44B. This is a boost to GDP for the 1st quarter. This should be good for the stock market overall. USDJPY should get a boost.




No Responses to “Initial and Continuing Claims more or less as expected. US Trade Deficit improves sharply. Helps 1Q GDP”
Add a comment