Headlines the Economic Calendar on Thursday
1. US Unemployment Claims
Weekly jobless claims will be in focus as traders evaluate the solid U.S. labor market
U.S Initial jobless claims are expected to be 825K, which points to a fall from the previous week 840K. A higher than expected reading should be taken as negative for the greenback.
2. US NY Empire State Manufacturing Index
U.S NY Empire State Manufacturing Index for October will be closely followed by traders. The data measures the relative level of general business conditions in New York. It is expected to an outcome of 14.0
3. US Crude Oil Inventories
US Crude oil stocks are expected to decline by -0.835M this week. Note that oil stocks rose by 0.501M barrels last week.
15 Oct 20 (Thu)
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