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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
US NAPM-Milwaukee manufacturing index advanced in December
Compared to a level of 45.34 in the prior month the NAPM-Milwaukee manufacturing index registered a rise to 48.53 in December, in the US. Market anticipation was for the NAPM-Milwaukee manufacturing index to climb to 48.50.
US initial jobless claims advanced in the last week
The seasonally adjusted initial jobless claims climbed to 287.00 K in the week ended 26 December 2015, in the US, higher than market expectations of an advance to a level of 270.00 K. Initial jobless claims had registered a reading of 267.00 K in the previous week.
US continuing jobless claims rose unexpectedly in the last week
In the US, the seasonally adjusted continuing jobless claims rose unexpectedly to a level of 2198.00 K in the week ended 19 December 2015, compared to market expectations of a fall to a level of 2190.00 K. In the prior week, continuing jobless claims had registered a level of 2195.00 K.
Japanese manufacturing PMI remained steady in December
In December, the final manufacturing PMI in Japan remained unchanged at 52.60. The preliminary figures had recorded a drop to 52.50.
Chinese Caixin/Markit manufacturing PMI index declined unexpectedly in December
Caixin/Markit manufacturing PMI index in China recorded an unexpected drop to a level of 48.20 in December, compared to a reading of 48.60 in the previous month. Market anticipation was for Caixin/Markit manufacturing PMI index to advance to a level of 48.90.
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