Jobless claims are main calendar item
David Russell | [email protected]
Economists are predicting that 364,000 Americans filed for first-time unemployment benefits last week, down from 372,000 in the previous seven-day period. A lower number has the potential to be interpreted bullishly, while a higher one could hurt sentiment. The Labor Department will release the data at 8:30 a.m. ET.
Also before the opening bell, the Bank of England and the European Central Bank will make interest-rate announcements. Those headlines could affect macro sentiment.