US initial jobless claims fall to 229k vs exp 231k.US initial jobless claims fell -5k to 229k in the week ending August 23, below expectation of 231k. Four-week moving average of initial claims rose 2.5k to 228.5.
US GDP 2nd estimate for Q2 3.3% vs 3.1% estimate.Prior estimate 3.0% GDP 2nd revision x.x% vs 3.1% estimate Sales Preliminary Q2 x.x% vs 6.3% last Consumer spending Prel. x.x% vs 1.4% last GDP deflator x.x% vs 2.0% estimate.
investingLive European markets wrap: Dollar down slightly amid month-end caution.The bigger picture focus turns to the US jobs report next week, so it's kind of a tread carefully moment for traders and investors before gearing up to the main event in the week ahead.
Trump's challenge to Fed independence holds global risk, ECB's Rehn says.President Donald Trump's escalating attacks on the U.S. Federal Reserve could have substantial and global knock-on effects on the financial markets and the real economy, ECB policymaker Olli Rehn said in a speech on Thursday.
Dollar Softens, Yen Leads as Markets Eye ECB Minutes.U.S. equities closed higher overnight, but Asian markets turned mixed on Thursday as risk sentiment remained muted. Nvidia's stronger-than-expected earnings beat on both revenue and profit dominated headlines but failed to deliver a sustained boost to risk appetite.