Analyst: Significant Fluctuation in Holiday Start Date Approvals, Making It Impractical as a Basis
BlockBeats News, December 31, the US initial jobless claims continued to fall last week, recording 199,000 people, lower than the market's general expectation. Some analysts stated that initial jobless claims during the holiday season are more volatile and will be significantly revised due to seasonal factors, making it difficult to serve as a basis for compiling the index. (FXStreet)
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