US: Focus on jobless claims and Philly Fed data - TDS

Analysts at TD Securities suggest that in today’s US session, initial jobless claims and Philadelphia Fed Index are going to be the key economic releases.

Key Quotes

“The Philadelphia Fed Index is expected to see little change in January, with the market consensus looking for a slight increase to 9.5 from 9.1.”

“Initial jobless claims for the week of January 12 (market: 220k from 216k) will round out the data flow ahead of a 10:45 ET speech by Governor Quarles on the insurance industry.”