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Fundamentals: Jobless Claims, Import/Export Prices
Thursday, July 12, 2012 17:28
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Rates holding near record lows after today’s data…
Initial Jobless Claims (week ended 7/7/2012)
- Initial Claims were 350,000.
- Previous was 374,000.
- 4-Week Moving Average 376,500
Import/Export Prices (June 2012)
- Export Prices, Month/Month -1.7 %
- Export Prices, Year/Year -2.1 %
- Import Prices, Month/Month -2.7 %
- Import Prices, Year/Year -2.6 %
- Import and Export prices are weighted toward commodities. These number could be indicative of a modest worldwide recession or, at least, slower growth.
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