There were 220,000 initial jobless claims in the week ending December 2, the weekly data published by the US Department of Labor (DOL) showed on Thursday.

United States Continuing Jobless Claims below expectations (1.91M) in November 24: Actual (1.861M)

United States Initial Jobless Claims 4-week average increased to 220.75K in December 1 from previous 220K

United States Initial Jobless Claims registered at 220K, below expectations (222K) in December 1

Canada Building Permits (MoM) came in at 2.3%, below expectations (2.9%) in October

Natural Gas (XNG/USD) is facing more downturn as the economic balance is shifting towards a supply surplus. All pipes are open and gas is flowing from all regions to Europe at normal to some even elevated

The US Dollar (USD) is facing a blow from the Japanese Yen after Bank of Japan’s (BoJ) Chairman Kazuo Ueda signalled to the markets that a change in monetary policy is coming.

The USD keeps trimming losses against a weaker CAD. The Bank of Canada kept rates on hold for the fourth consecutive time Lower Oil prices are increasing negative pressure on the loonie.

Russia Central Bank Reserves $ up to $592.9B from previous $587.5B

Gold price (XAU/USD) keeps a mild buying tone in Thursday’s early European session, with price action approaching the top of the last few days’ trading range.

United States Challenger Job Cuts climbed from previous 36.836K to 45.51K in November

Hopes that the BoJ will exit its-ultra-loose policy have boosted the Yen.

Mexico Headline Inflation came in at 0.64%, below expectations (0.72%) in November

Mexico 12-Month Inflation came in at 4.32%, below expectations (4.4%) in November

Mexico Core Inflation came in at 0.26% below forecasts (0.3%) in November

The Aussie bounced up from two-week lows at 0.6520 on Thursday, favoured by a moderate US DOllar reversal although the negative risk sentiment is capping bulls at the upper range of 0.6500.

The Eurozone economy unexpectedly stalled in the third quarter of 2023, the final estimate published by Eurostat showed on Thursday.

Gold prices rose in India on Thursday, according to data from India's Multi Commodity Exchange (MCX).

Italy Retail Sales s.a. (MoM) up to 0.4% in October from previous -0.3%

Italy Retail Sales n.s.a (YoY) down to 0.3% in October from previous 1.3%

Eurozone Gross Domestic Product s.a. (YoY) came in at 0%, below expectations (0.1%) in 3Q

The Pound tumbles against a stronger Yen. Ueda’s comments suggest that the BoJ will exit its ultra-loose policy.

Eurozone Employment Change (YoY) below expectations (1.4%) in 3Q: Actual (1.3%)

Eurozone Employment Change (QoQ) registered at 0.2%, below expectations (0.3%) in 3Q

Eurozone Gross Domestic Product s.a. (QoQ) in line with expectations (-0.1%) in 3Q

Pound’s recovery attempts are likely to meet strong resistance at 1.2600.

The Japanese Yen (JPY) attracts some haven flows during the Asian session on Thursday and reverses a major part of its weekly losses against the US Dollar (USD) registered over the past three days.

Singapore Foreign Reserves (MoM) increased to 345.5B in November from previous 338.2B

Italy Industrial Output s.a. (MoM) registered at -0.2% above expectations (-0.3%) in October

Italy Industrial Output w.d.a (YoY) up to -1.1% in October from previous -2%