Weekly Unemployment Claims (every Thursday)
Tomorrow’s only event is the release of last week’s unemployment figures. They are expected to show 237,000 new claims for benefits were filed, up from the previous week’s 232,000 initial filings. Rising claims are a sign of weakness in the employment sector, so the higher the number tomorrow, the better the news it is for rates. However, this is only a weekly snapshot that normally requires a wide variance from forecasts for it to have a noticeable impact on rates.