News Headline Summary

US Initial Jobless Claims (Jan 12) W/W 335K vs. Exp 369K (Prev. 371K, Rev. 372K)

Update details:

- Labor spokesman says no states estimated jobless claims data.
- Says part of the drop may be an adjustment issue.

Reaction details:

- In reaction to the data release:
- Spot gold moved USD 7 lower from USD 1682 to USD 1675.
- T-notes moved 4+ ticks lower from 132.01+ to 131.29.
- E-mini S&P moved 2 points higher from 1469.5 to 1471.5.
- Due to the fall in spot gold, EUR/USD moved lower from 1.3370 to 1.3355.

Print 13:30, 17 Jan 2013 - US Data - Source: Newswires