January 19, 2017
Treasuries fell in U.S. trading after a better-than-expected slate of U.S. economic data including an unexpected increase in Philadelphia Fed Business Outlook Index to a two-year high and an initial jobless claims tally near generational lows.
Filings for U.S. unemployment benefits fell to near the lowest level since the 1970s, consistent with a still-improving labor market, a Labor Department report showed Thursday in Washington.
Mario Draghi called on Germany to be calm as the European Central Bank keeps pumping stimulus into the euro area, saying rising inflation will eventually bring higher interest rates for savers.
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