unemployment claims fell 31000

Initial claims for state unemployment benefits fell 31,000 to a seasonally adjusted 473,000 in the week ended August 21, the Labor Department said.

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Dollar Yen

Long above 0.8425 (could be a LT trade)
Long Dollar tant que les cours au dessus de 0.8425 (pourrait-être un trade Lt)

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Economic and Monetary Policy Developments

Federal Reserve Bank of Kansas City
Economic and Monetary Policy Developments.

Extract "Data releases have been generally encouraging and continue to point to a broadening recovery.
•Consumer spending and business activity are solid.
•The labor market is improving, albeit slowly.
•The construction sector has seen some upside surprises, but fundamentals are weak."
To read the complete outlook (PDF)please click here.


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Previous Unemployment Claims

Initial unemployment claims were 484,000 for the week ending August 7,
and 482,000
for the week ending July 31. (Median forecast: 465,000; 8/12)

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Stats US today

2:30pm USD Unemployment Claims 488K 500K
4:00pm USD Mortgage Delinquencies 10.06%
4:30pm USD Natural Gas Storage 38B 27B








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