For the week ending March 15, seasonally adjusted initial jobless claims increased to 223,000, reflecting a 2,000 rise from the previous week.
The prior week's total was revised up by 1,000, from 220,000 to 221,000. Additionally, the four-week moving average climbed to 227,000, marking an increase of 750 from the revised 226,250 recorded the previous week (previously reported as 226,000).
For the week ending March 8, the seasonally adjusted insured unemployment rate remained at 1.2%, showing no change from the previous week. The number of individuals receiving continued unemployment benefits rose by 33,000, reaching 1,892,000. However, the previous week's figure underwent a downward revision of 11,000, bringing it from 1,870,000 to 1,859,000.
The four-week moving average for insured unemployment rose to 1,875,750, reflecting an increase of 6,250 from the previous week's revised average of 1,869,500 (originally reported as 1,872,250).
Source: U.S. Department of Labor
U.S. Consumer Sentiment Improves Sharply in JuneAmerican households showed renewed optimism in June, according to the University of Michigan’s latest consumer sentiment survey. The headline Consumer Sentiment Index climbed to 60.5, an increase of 8.3 points from May. This marks the strongest reading since February and surpassed market expectations.
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Gold Nears Records and Dollar Rebounds Amid Geopolitical Tensions (16 - 20 June)The US dollar index rebounded above 98.2 on Friday but remains down for the week. Gains followed Israel’s strike on Iran, increasing safe-haven demand. Earlier weakness came from soft US inflation and trade tensions, raising Fed rate cut expectations. The euro fell to $1.15 after hitting a 3.5-year high, as ECB signaled a pause and the Fed eyed cuts. The yen rose to 143 per dollar on safe-haven flows, with BOJ signaling possible hikes. The pound dipped to $1.35 after weak UK GDP and jobs data, though supported by a softer dollar.
Detail Week Starts with Geopolitical Risks Lifting Safe Havens (06.16.2025)Markets began the week on a cautious note, with heightened tensions in the Middle East supporting demand for safe-haven assets such as gold and silver. Investor sentiment remained sensitive amid escalating conflict, particularly following Israel’s strikes on Iran, which have intensified regional uncertainty.
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