German Business Climate, US Durable Goods Orders, GDP data from the UK, the US and Canada, US Rate decision, FOMC statement and US Unemployment Claims. These are this week’s major market movers. Here is an outlook on these events. Last week US jobless claims continued to surprise with a 26,000 fall in the number of new claims, reaching a seasonally adjusted 255,000. This release hit the lowest level since November 1973, indicating the US labor market continues to expand with growing number of jobs and improved employment conditions. Economists expected claims to reach 279,000 this week. The positive trend in the job ... (full story)