Thursday, April 26, 2012

Stocks May Weakness: U.S. Initial Jobless Claims Dip To 388,000 Higher Than Expected, UK Consumer Confidence Climbs To Nine-Month High

Here is daily forex news and latest stocks trend, Stocks May See Early Weakness On Disappointing Jobs Data - U.S. Commentary, After turning in a strong performance in the previous session, stocks are likely to move back to the downside in early trading on Thursday. Finally the major index futures are currently pointing to a moderately lower open, with the Dow Jones index futures down by 33 points

Another bad news from U.S. Initial Jobless Claims Dip To 388,000, Higher Than Expected, New unemployment claims dipped slightly for the third week in April, disappointing economists who had predicted a notable drop. The details data is according to the Department of Labor, new unemployment claims for the week ending April 21, came in at a seasonally adjusted level of 388,000. That marks a marginal drop of 1,000 new claims from the previous week's revised level of 389,000, which itself was revised up from the 386,000 initially reported. Most economists had forecast a somewhat significant drop,hopely they comeback on track

By the way, from Asian economic news we reporting, South Korea Q1 GDP Up 0.9% On Quarter, South Korea's gross domestic product climbed 0.9 percent in the first quarter of 2012 compared to the previous three months, the Bank of Korea said in an advanced estimate on Thursday

Latest daily economic news from British we reporting, UK Consumer Confidence Climbs To Nine-Month High, Confidence among British consumers climbed to its highest level in nine months in March as households turned less concerned about the economy and employment prospects, a survey by Nationwide Building Society showed Thursday

Meanwhile, latest economic news from Eurozone we reporting, Decline In Eurozone Economic Sentiment Exceeds Forecast, Eurozone economic confidence declined notably in April, wiping out the gains logged in the first quarter. Based on data the weakness in both economic and business sentiment hurt recovery hopes

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