- Prior was +229K
- Claims four-week moving avg 231K vs 228.5K prior
- Continuing claims +1.940K vs 1.962K
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US initial jobless claims 237K vs 230K expected
- US initial jobless claims for the week ending August 30
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Iran update: Conflicting messages from Israel. France says they can make the Hormuz safe.
- Fed’s Musalem: Inflation risks remain front and center
- USDCHF finds support buyers near swing level support on the run lower
- Stocks are giving up some of the pre-market gains
- Treasury announces the auction schedule for next week.
- The USD is sharply lower as hopes for an end to the war push oil lower/yields lower
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