Unemployment Claims Result
Technical Analysis Daily Majors & Minors • USD/CAD - Fell more than 150 pips and retraced completely previous day’s gains in the wake of disappointing US data. How will it react with todays unemployment claims result.
Quick Daily update • UK unemployment fell by 154,000 in the three months to the end of August to 1.97 million, the first time it has been below two million since 2008. • Global shares fall sharply as concerns about weak global economic growth knock investor confidence.
Daily News To Watch Thursday 16th October 2014 Previous Forecast Actual 13:30pm CAD Manufacturing Sales m/m 2.5% -1.6% USD Unemployment Claims 287k 286k 15:00pm USD Philly Fed 22.5 19.9 Manufacturing Index
By Nikhil Pankhania
Senior Market Analyst & Trader