Continuous Jobless claims 1,943K vs 1,900K expected on 28.12.2017

  • Prior Initial claims 245K
  • Prior continuous claims 1,932K
  • Also out Nov Trade balance: $ – 69.68B , vs -67.7B exp, prior -68.1B
  • Wholesale inventories m/m : 0.7% vs 0.4% exp, prior -0.5%

Smalls weaker than expected but the year end flows and option expiries are what the market concentrates on this time of the week.

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