🎈U.S. Economic Surprises Hold Near 2-Year Highs: Cable FX Macro
- Rosbel Durán
- Aug 23, 2023
- 1 min read
**As seen in Macro Walk report 08/20/23, subscribe at cablefxm.co.uk/reports
The economic surprise section in our Macro Walk report showed the U.S. CESI holding near two-year highs, it is now the top ranker in our G10 tracker
The U.S. CESI turned positive in early February and has extended higher since then. Looking at a sector comparison provided by Bloomberg, the labor market is contributing the largest upside while the household sector is dragging down
July unemployment rate surprised the consensus at 3.5%, ADP data came in stronger than expected st 324K, while the latest jobless claims print printed better than estimates had seen at 239K
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