Asian stocks trade mixed as a 14-year low in U.S. weekly jobless claims and talk of the Fed possibly extending QE helps provide balance to concerns about a possible recession and deflation in Europe
* Upbeat U.S. jobless claims and factory data supports shares
basis point to 2.15% after earlier falling all the way to 1.97%. Helping is some decent economic data ( Philly Fed , jobless claims ), and a turnaround in equities as both the Fed and ECB put out word - in case anyone forgot - of their willingness to
following yesterday's Wall Street wreckage. With the market in sell mode, it hardly seems to matter that U.S. weekly jobless claims fell to a more than 14-year low. Disappointing guidance from eBay ( -3% ) and Netflix ( -25% ) overshadow their better
* Initial jobless claims fall to lowest level in 14 years
Initial Jobless Claims : - 23K to 264K vs. 290K consensus, 287K prior. Continuing Claims 2.39M Post your comment!
8:00 Fed's Plosser: Monetary Policy and Economic Outlook 8:30 Initial Jobless Claims 9:15 Industrial Production 9:45 Bloomberg Consumer Comfort Index 10:00 Philly Fed Business Outlook 10:00 NAHB Housing Market
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week to nearly its lowest level since before the 2007-09 recession, a sign of growing steam in the U.S. labor market.
* Drop in jobless claims points to labour market strength
LONDON, Oct 9 (Reuters) - German Bund futures erased daily gains on Thursday as a drop in jobless claims in the U.S. further underlined an economic recovery that is key to convincing the Federal...