It’s a busy day for US economic releases, including the weekly update on jobless claims. We’ll also see an early read on manufacturing activity in October via a pair of updates from two regional Fed banks. Meanwhile, it’ll be interesting to see if Bloomberg’s Consumer Comfort Index posts its the third straight weekly rise today. US: Initial Jobless Claims (1230 GMT) US growth has clearly decelerated in recent months, prompting new forecasts that the world’s biggest economy is at risk of slipping into recession. Exhibit A for arguing otherwise: initial jobless claims, which continue to paint a bullish profile for ... (full story)