US labour market keeps improving – Danske Bank

FXStreet (Edinburgh) - In the view of Morten Helt, Senior Analyst at Danske Bank, today’s Initial Claims will add to the already solid sentiment around the US labour market.

Key Quotes

“US initial unemployment claims are expected to indicate a continued improvement in the labour market”.

“The current level of the initial unemployment claims has historically been consistent with monthly gains in non-farm payrolls exceeding 250,000 as reflected in the most recent non-farm payrolls for June”.