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4 Jun 2015
Key events ahead in US: Weekly jobless claims might rise to 300K – TDS
FXStreet (Barcelona) - Previewing the key events and data releases ahead in the US, the TD Securities Team expects the weekly jobless claims to disappoint the consensus expectations.
Key Quotes
“There will be little of note on the domestic front ahead of payrolls, with investors likely continuing to take direction from the rout in core fixed income until Friday. We look for weekly jobless claims to increase to 300K (market at 278K) as holiday and seasonal distortions weigh on the data. Fed Governor Tarullo will also make remarks. Treasury will also announce next week’s $58B 3s10s30s auction series.”
Key Quotes
“There will be little of note on the domestic front ahead of payrolls, with investors likely continuing to take direction from the rout in core fixed income until Friday. We look for weekly jobless claims to increase to 300K (market at 278K) as holiday and seasonal distortions weigh on the data. Fed Governor Tarullo will also make remarks. Treasury will also announce next week’s $58B 3s10s30s auction series.”