🇺🇸 New US economic data:

📉 Initial jobless claims for the week ending November 9 were 217,000, below expectations of 223,000 and the previous value of 221,000 — the lowest level since the week ending May 18.

📊 Continuing jobless claims for the week ending November 2 were 1.873 million, below expectations of 1.88 million.

💡 PPI (Producer Price Index) Rate:

-#PPImonthly in October was 0.2%, in line with forecasts and the previous value was revised up from 0% to 0.1%.

-#PPIannualized in October was 2.4%, higher than the expectation of 2.3% and the previous value was revised from 1.8% to 1.9%.