STOCK MARKET WATCH - Thursday, 26 January 2012

[Ghost Dog]

93. Euro rises against the dollar on US durable goods, jobs data

Orders for durable goods rose last month, the Commerce Department said Thursday. Separately, the Labor Department said that unemployment rose last week to 377,000, but economists think the numbers point to a recovering job market.

The dollar was also falling against most other currencies. The dollar fell to 77.48 Japanese yen from 77.81 Japanese yen, to 0.9176 Swiss franc from 0.9231 Swiss franc and to 99.90 Canadian cents from 1.0053 Canadian dollar.

/.. http://www.washingtonpost.com/business/markets/euro-rises-against-the-dollar-on-us-durable-goods-jobs-data/2012/01/26/gIQA70QATQ_story.html

durable-goods rose 3.0% in December on stronger demand for civilian aircraft, machinery, and primary metals, the Commerce Department reported Thursday. This is the third straight monthly gain and the fourth in the past five months. Excluding transportation, orders rose 2.1%, the fourth straight gain. The increase was stronger than expected. Economists polled by MarketWatch expected a 2.4% rise in durables. Transportation orders had a large increase, rising 5.5%.

Read more: http://www.foxbusiness.com/markets/2012/01/26/durable-goods-orders-up-strong-30-in-december/#ixzz1kZZzYe63

Continuing claims increased by 88,000 to a seasonally adjusted 3.55 million in the week ended Jan. 14. Continuing claims are reported with a one-week lag. About 7.64 million people received some kind of state or federal benefit in the week ended Jan. 7, down 188,612 from the prior week. Total claims are reported with a two-week lag.

Read more: http://www.foxbusiness.com/markets/2012/01/26/us-jobless-claims-increase-21000-to-377000/#ixzz1kabEvPPT