Better-than-expected number of unemployment claims
This week, the US Department of Labor revealed that the
country’s economy could be on track for a recovery following the weekly
In the past week, 779,000 people filed for unemployment due
to the latest restriction imposed to curb the spread of the new COVID-19
strain. The numbers came in lower than what the market forecasted – 828,000.
Markets barely reacted to the news, the US indices moving between -0.1%
Now, all eyes are on tomorrow non-farm payrolls.
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Sources: cnbc.com, forexfactory.com
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