Jobless Claims, 30Y Bond Sale, ECB, Coupang IPO – What’s up in Markets

© Reuters By Geoffrey Smith  Investing.com — The Treasury completes its mammoth bond sale this week with an auction of 30-year bonds, against a market backdrop much improved by tepid inflation numbers. Jobless claims are due at 8:30 AM ET. The European Central Bank holds its regular policy meeting and press conference, and Coupang follows Roblox […]

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Oil Squeeze, Jobless Claims, GameStop Hearing – What’s up in Markets

© Reuters By Geoffrey Smith  Investing.com — Texas power outages continue to hit households – and the state’s oil output. Jobless claims and housing market data are due, and the House of Representatives holds a hearing on the GameStop (NYSE:) short squeeze. Stocks are lower as the great reflation trade takes a breather and Facebook (NASDAQ:) […]

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Yellen to Meet Regulators, Jobless Claims, Earnings Galore – What’s up in Markets

© Reuters. By Geoffrey Smith  Investing.com — U.S. regulators may huddle to discuss the retail stock frenzy of recent days, a deluge of earnings starts with Merck and BMS and ends with Peloton and Ford, weekly jobless claims are due and the dollar hits a two-month high on brighter prospects for the U.S. economy. Here’s what […]

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US initial jobless claims 847K vs. 875K estimate

US initial jobless claims 847K vs. 875K estimate Coming Up! Title text for next article LON SDNY+11 NY -5 TYO +9 GMT Technical Analysis US initial jobless claims and continuing claims initial jobless claims 847K vs. 875K estimate. Prior month 900K revised higher to 914K four-week moving average 868K vs. 851.7 5K revised number from last […]

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Biden Stimulus Announcement, Powell Speech, Jobless Claims – What’s up in Markets

By Geoffrey Smith  Investing.com — President-elect Joe Biden will present details of his plans to support the economy through the pandemic, while Federal Reserve chairman Jerome Powell may offer some reaction in a speech later. Weekly jobless claims are expected to rise slightly. Germany’s economy shrank by less than feared in 2019 and China’s trade surplus […]

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Biden Confirmed, Trump Backs Down; Jobless Claims Eyed – What’s up in Markets

© Reuters By Geoffrey Smith  Investing.com — Congress confirms Joe Biden as president-elect; Donald Trump backs down on leaving the White House after his supporters trashed the Capitol. Weekly jobless claims and monthly trade balance data are due; Alibaba and Tencent head for the U.S.’s naughty list, and oil consolidates above $ 50. Here’s what you […]

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Millions of Americans lose jobless benefits as Trump refuses to sign aid bill

2/2 © Reuters. FILE PHOTO: People line up outside Kentucky Career Center in Frankfort 2/2 By Steve Holland and Richard Cowan PALM BEACH, Fla/WASHINGTON (Reuters) – Millions of Americans saw their jobless benefits expire on Saturday after U.S. President Donald Trump refused to sign into law a $ 2.3 trillion pandemic aid and spending package, […]

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Futures gain on stimulus hopes ahead of jobless claims

© Reuters. FILE PHOTO: Statue of George Washington at Federal Hall across Wall Street from New York Stock Exchange in New York By Ambar Warrick (Reuters) – U.S. stock index futures rose on Thursday on increased hopes of imminent signing of a coronavirus stimulus bill, while investors kept an eye out for economic cues from […]

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AirBnB IPO, FDA & Pfizer, Jobless Claims, ECB and Brexit – What’s up in Markets

© Reuters. By Geoffrey Smith  Investing.com — The European Central Bank is expected to announce fresh monetary stimulus, the FDA is set to approve Pfizer ‘s Covid-19 vaccine, jobless claims and CPI numbers are due, AirBnB starts trading after the second blowout IPO in as many days, and the Brexit can gets kicked another four […]

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S&P futures flat ahead of jobless claims, service sector data

© Reuters. FILE PHOTO: The front facade of the NYSE is ssen in New York By Shriya Ramakrishnan (Reuters) – Futures tied to the stalled near all-time highs on Thursday ahead of weekly jobless claims data and surveys on the services sector, which accounts for more than two-thirds of the U.S. economy. The labor market […]

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