The Labor Department reported new applications for US unemployment benefits jumped by 13,000 to 282,000 for the week ended Dec 5, the biggest rise in 5 months.
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as ..US unemployment benefits jumped to the biggest rise in 5 months
Due to PMI down a Manufacturing Slow down ..from a rising USD ?
That may just put the Brakes on the FED rate raise ..next week.
Will Shorters start to Cover.. the Banks ..to exit positions ..before the weekend now.
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