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Third Quarter GDP Comes in As Expected
Thursday, October 27, 2011 - 8:32amThe advance look at third quarter GDP was just released, and it came in as expected. Economists expected a reading of 2.5%, and it came in at 2.5%. The reading was sharply higher than the 1.3% in the second quarter. Initial and continuing claims were also released. Initial claims came in at...
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Economic Data Ugly, Futures Weaken Gains
Thursday, September 15, 2011 - 8:37amThere was a slew of economic data just released, and most of it was uglier than expected, cutting the gains in the pre-market futures. Initial claims for the week ending September 10 came in at 428,000, versus estimates of 411,000. Last week was revised to 417,000. Continuing claims came in at 3...
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Tomorrow's Economic Reports September 1, 2011
Wednesday, August 31, 2011 - 3:10pmTomorrow is a massive day for economic numbers, with initial claims and ISM being the two largest reports. These two reports are certainly market moving, and traders will being attention to these releases. At 8:30 a.m., initial claims for the week ending August 27 are expected to come in at 407...
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Initial Claims Worse Than Expected, Futures Higher
Thursday, August 25, 2011 - 8:35amThe initial claims data for August 20 was just released, and it came in higher than expected. For the week ending August 20, initial claims rose to 417,000. Expectations were for 405,000. Last week was revised to 412,000. Continuing claims fell to 3.641 million, versus estimates of 3.7 million...
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Initial Claims Better Than Expected, Futures Still Sagging
Thursday, August 11, 2011 - 8:35amInitial claims for the week ending August 6 came in better than expected, and futures are adding to their losses, despite the better than expected numbers. For the week ending August 6, initial claims came in at 395,000 versus expectations of 409,000. The last week was revised to 402,000....
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Previewing Today's Economic Reports -July 14, 2011
Thursday, July 14, 2011 - 8:19amThere is a slew of economic reports due out today, in addition to Federal Reserve Chairmen's Ben Bernanke continued testimony in front of Congress today. At 8:30 a.m., initial and continuing claims are due out. For the week ending July 9, economists expect 410,000 initial claims, down from 418,...
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Initial Claims Come In Better Than Expected, Futures Higher On ADP Report
Thursday, July 7, 2011 - 8:33amThe July 2 initial claims report came in better than expected, and futures are higher on the back of a better than expected June ADP employment report, as well as lower than expected initial claims. For the week ending July 2, initial claims came in at 418,000, versus expectations of 425,000....
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Previewing Tomorrow's Economic Numbers
Wednesday, June 22, 2011 - 1:40pmTomorrow will see the release of some important economic numbers, with jobless claims and new home sales leading the way. At 8:30 a.m., initial claims for the week ending June 18 will be released. Economists are expecting initial claims of 413,000. This is down slightly from last week, when 414,...
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Thursday, June 16, 2011 - 8:33am
Economic Data Comes In Better Than Expected, Futures Off LowsThere was a slew of economic data just released, and like the rest of the data we've seen recently, it was nothing to write home about, but it was better than expected. Initial jobless claims for the week ending June 11 came in at 414,000, versus expectations of 421,000. Last week was revised up...
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Initial Claims Come In Worse Than Expected, Futures Lower
Thursday, June 9, 2011 - 8:31amInitial claims were just released and they came in worse than expected, and futures are lower as a result of the initial claims miss. Initial claims for the week ending June 4 were projected to come in at 423,000, and they came in at 427,000. Last week's initial claims were revised to versus the...
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