US: Initial jobless claims and Philly Fed outlook in the focus – TDS

FXStreet (Delhi) – Research Team at TDS, suggests that in the US Jobless claims are the highlight of a very light calendar today.

Key Quotes

“The street is expecting initial claims to dip to 278k from last week’s 284k (TD: 275k). Taking a backseat to claims will be the Philly Fed Business Outlook. TD expects the index to improve to –8 in January while the consensus estimate is for an improvement to –5.9 from a revised –10.2.”