Economic Collapse

[basserdan]

8:30a U.S. jobless claims rise 3,000 to 244,000

8:30a Jobless claims four-week average falls 1,000 to 241,000

8:30a Continuing jobless claims decline 16,000 to 1.95 million

8:30a U.S. producer price index down 0.1% in July

8:30a Core PPI minus food, energy, trade was flat in July

8:30a PPI up 1.9% in past 12 months in July, down from high of 2.5% in April

8:30a Core PPI up 1.9% in past 12 months in July, down from 2.0% in June

8:33a Gold adds to gains after economic reports

8:33a December gold trades 0.8% higher at $1,289/oz.