U.S. government debt prices were higher Thursday morning as investors tried to gauge the likelihood of a sharp rebound ahead of a slew of economic data.
New jobless claims figures for last week are expected at 8:30 a.m. ET. Data published last week showed that 36.5 million Americans had filed for unemployment since the beginning of the coronavirus crisis.
Analysts polled by Reuters are expecting 2.4 million new claims, down from 2.981 million the previous week. Market focus is also attuned to the rate of new coronavirus infections. According to the World Health Organization , there were more thanOf these, 45,251 were in the U.S., as states continue to gradually reopen their economies.
Flash Markit PMI readings for May are expected at 9:45 a.m. ET on Thursday, before April's existing home sales data at 10 a.m. ET. Auctions will be held Thursday for $80 billion of 4-week Treasury bills, $70 billion of 8-week bills and $12 billion of 10-year TIPS.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Global coronavirus cases surpass 5 million, Johns Hopkins data showsEven as outbreaks in China and other countries appear to have abated, the pandemic has picked up speed in other parts of the world.
Read more »
Coronavirus pandemic: Updates from around the world - CNNThe global coronavirus pandemic has brought countries to a standstill. Here's the latest updates on worldwide Covid-19 cases, deaths, government responses, and more.
Read more »
Treasury yields slide with coronavirus vaccine efforts, reopening in focusU.S. government debt prices were higher on Wednesday morning amid a volatile week on Wall Street, with investors monitoring progress on a coronavirus vaccine and economic reopening efforts.
Read more »
COVID-19 case tally: 4.9 million cases, 323,637 deaths and Brazil sees surge in fatalitiesThe global case tally for the coronavirus that causes COVID-19 climbed to 4.9 million on Wednesday, according to data aggregated by Johns Hopkins University....
Read more »
Global coronavirus cases surpass 5 million, infections rising in South AmericaGlobal coronavirus cases surpass 5 million, with Latin America overtaking the United States and Europe in the past week to report the largest portion of new daily cases globally by LisaLShumaker catecadell
Read more »