Economic Reports 01/11/07

ECB rates remain unchanged at 3.5%. Meanwhile, the BOE - Bank of England, in a surprise move, raised interest rates by a quarter point to 5.25 per cent.

Initial Claims -26K @ 299K Full Report

Inside the number: 4 week MA of new claims -1,750 to 314,750. Continuing claims - 3,000 to 2.43M, 4 week MA -11,500 to 2.43M. The jobs market is perking up a bit.