The US Labor Department said the number of people seeking unemployment benefits last week fell more than expected to 502,000. This provides evidence that unemployment is easing but the Fed is still worried that the US could be facing a “jobless recovery” where unemployment continues to rise, even though overall, the economy is positive.
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February
9
Today’s Global
Market Events
Market Events
10:00 am
USD
IBD/TIPP Economic Optimism
49.3 vs. 48.8
49.3 vs. 48.8
USD
Wholesale Inventories m/m
0.5% vs. 1.5%
0.5% vs. 1.5%
6:30 pm
AUD
Westpac Consumer Sentiment
5.6%
5.6%
6:50 pm
JPY
Core Machinery Orders m/m
8.1% vs. -11.3%
8.1% vs. -11.3%
JPY
CGPI y/y
-2.3% vs. -3.9%
-2.3% vs. -3.9%
7:30 pm
AUD
Home Loans m/m
-4.7% vs. -5.6%
-4.7% vs. -5.6%
Tentative
AUD
NAB Business Confidence
8
8
10th-12th
AUD
NAB Quarterly Business Confidence
16
16
CNY
Trade Balance
20.2b vs. 18.4b
20.2b vs. 18.4b

