Saturday, 19 July 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
US: Initial Jobless Claims rose to 213K last week
Thursday, 13 February 2025 20:45 WIB | ECONOMY |ECONOMIC

US citizens filing new applications for unemployment insurance rose to 213K for the week ending February 8, as reported by the US Department of Labor (DoL) on Thursday.

This print missed initial estimates and was lower than the previous week's revised tally of 220K (from 219K).

The report also highlighted a seasonally adjusted insured unemployment rate of 1.2%, while the four-week moving average dropped to 216.00K, marking a decrease of 1K from the prior week's revised average.
Source: FXStreet

RELATED NEWS
Fed's rate-cut delay intact as inflation fears override Trump pressure...
Friday, 18 July 2025 23:28 WIB

The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later this month, with data showing fresh signs of higher inflation and President D...

Fed's Waller Says Private-Sector Job Worries Drive Rate-Cut Call ...
Friday, 18 July 2025 19:49 WIB

Federal Reserve Governor Christopher Waller said concerns about private-sector hiring have fueled his call for the central bank to cut interest rates this month. "The private sector is not performing ...

Powell's Letter Responds to White House Criticism of Fed Renovations ...
Friday, 18 July 2025 19:24 WIB

Federal Reserve Chairman Jerome Powell, in a letter on Thursday, rebutted criticism leveled at the central bank by a top White House official regarding the $2.5 billion renovation project. "We take se...

Powell responds to White House on Fed headquarters renovation...
Friday, 18 July 2025 05:01 WIB

Federal Reserve Chair Jerome Powell on Thursday responded to a Trump administration official's demands for information about cost overruns for a renovation project at the central bank's Washington hea...

US set to impose 93.5% tariff on graphite from China...
Friday, 18 July 2025 01:36 WIB

The United States Commerce Department is set to impose preliminary anti-dumping duties of 93.5% on graphite imported from China after concluding the materials, which are a key component for batteries,...

LATEST NEWS
Gold price rises past $3,350 on Waller's dovish comments, soft US Dollar

Gold price advances during the North American session on Friday as the US Dollar weakens, with traders booking profits ahead of the weekend. Additionally, a Fed Governor's comments turned more dovish than expected, supporting a rate cut in July. At...

S&P 500, Nasdaq Pull Back from New Highs

The S&P 500 briefly touched an all-time high before hovering flat in the afternoon session, while the Nasdaq dipped 0.2% as investors weighed strong economic data against latest batch of corporate earnings. The Dow Jones, on the other hand was...

Gold price buoyed by dovish Fed despite despite a rise in sentiment

Gold (XAU/USD) is trading higher on Friday as investors remain focused on Fed expectations US economic data. At the time of writing, XAU/USD recovers above $3,350, pushing the price closer toward the upper boundary of a symmetrical triangle...

POPULAR NEWS
European stocks erased early gains
Wednesday, 16 July 2025 01:49 WIB

European stocks erased early gains and closed mostly lower on Tuesday as markets continued to assess how potential tariffs from the US may hurt...

Fed's Logan says her base case calls for holding rates steady a while longer
Wednesday, 16 July 2025 07:43 WIB

The U.S. central bank will probably need to leave interest rates where they are for a while longer to ensure inflation stays low in the face of...

US annual PPI inflation weakened to 2.3% in June, compared to the 2.5% forecast.
Wednesday, 16 July 2025 19:45 WIB

The Producer Price Index (PPI) for final demand in the US rose 2.3% annually in June, according to data published by the US Bureau of Labor...

US Weekly Jobless Claims Fall 7,000 to 221,000; Estimated 233,000
Thursday, 17 July 2025 20:13 WIB

Unemployment claims fell 7,000 to 221,000 in the week ending July 12, compared with the median estimate of 233,000, according to Labor Department...