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US Initial Claims data due at 8:30 ET

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The Initial Claims for the 11/03/07 week is due at 8;30 ET.  The expectations are for a decline to 325,000 versus 327,000 last week.  The 4 week Moving average is 327,000 which is up from 310,500 on 10/06/07.  Continuing claims are expected to decline to 2,575,000 from 2,588,000 last week.

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Click to expand Continued Claims chart

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