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3 Numbers: US jobless claims to hold steady; US sales, sentiment
Worries about China's economy are roiling global confidence. Does that mean that the US economy is vulnerable and the Fed's first interest-rate hike will be delayed? A trio of updates will provide new perspective via jobless claims, retail sales, and Bloomberg’s weekly measure of consumer sentiment. US: Initial Jobless Claims (12:30 GMT): If the labour market is due to stumble, we’ll see an early clue in jobless claims. But recent history suggests that the job market continues to enjoy a healthy rate of growth. Although total nonfarm payrolls posted their smallest gain in three months in July, the three-month ... (full story)