US: Focus on jobless claims and politics today – TDS

Analysts at TD Securities suggest that the US initial jobless claims are expected to hold steady near 218k by the market consensus, little changed from the prior week.

Key Quotes

“The Senate will vote on two rival bills aimed at ending the government shutdown: Trump's plan which includes border wall funding, and Democrats' plan for short-term funding through Feb 8. Both require 60 votes to pass, which at this stage looks unlikely.”

WTI appears flat around $52.00 ahead of EIA

Crude oil prices are trading within a tight range and are struggling for direction in the second half of the week, currently hovering over the $52.00
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GBP/USD corrects further from 2-1/2 month tops, 1.30 mark back on sight

   •  A goodish pickup in the USD demand prompts traders to take some profits off the table.    •  Expectations of Article 50/receding fears of no-de
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