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There is only one US economic release of any note due out today and that is the latest weekly and continuing jobless claims numbers, at 1.30pm GMT. Of course this data can move the markets and perhaps more especially so today, as there is nothing else in that regard for them to feed off. The markets are expecting weekly claims to rise ever so slightly, to 220k from 217k the previous week. Ahead of this the dollar has lifted from earlier lows, that saw it dip under 156.25. It has since rebounded back above 156.50 and that has pushed the EUR/USD and GBP/USD back down again. At the same time the Dow Jones future is making some progress, in contrast to the S+P 500 and Nasdaq 100 futures, which are not. The claims data could have an impact on all three, but it will need to be an outside number. The Dow closed last night at 44,158. Earlier today it was priced to reopen close to 44,100. It has since priced that around 44,200 a short while ago
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