Analysts at Nomura suggest that with the US unemployment rate at 3.8%, the lowest level since the 1960s, they expect initial jobless claims to remain low as firms face increased competition for workers. Key Quotes “Ongoing declines in initial and continuing claims seem to support our expectation of continued declines in the unemployment rate in 2018.” “Philly Fed survey: We expect the Philly Fed manufacturing survey in June to retreat somewhat following a substantial jump in May. We forecast a reading of 29.0 for June, 5.4pp below the reading of 34.4 in May. While we think manufacturing activity continued to accelerate in June, increased uncertainty over US trade policy likely weighed on business sentiment.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD moved above 1.3200 post-BoE FX Street 3 years Analysts at Nomura suggest that with the US unemployment rate at 3.8%, the lowest level since the 1960s, they expect initial jobless claims to remain low as firms face increased competition for workers. Key Quotes "Ongoing declines in initial and continuing claims seem to support our expectation of continued declines in the unemployment rate in 2018." "Philly Fed survey: We expect the Philly Fed manufacturing survey in June to retreat somewhat following a substantial jump in May. We forecast a reading of 29.0 for June, 5.4pp below the reading of 34.4 in May. While we think manufacturing activity continued to… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
