Weekly Unemployment Claims (every Thursday)
Tomorrow is packed with economic releases for the markets to digest. The day begins with the last week’s unemployment figures at 8:30 AM ET. They are expected to show that 735,000 new claims for unemployment benefits were filed last week, down from the previous week’s 742,000. Rising claims is a sign of employment sector weakness. Therefore, the higher the number tomorrow morning, the better the news it is for rates.