Key Events Around the Globe: Jan 01

U.S. Jobless Claims Unexpectedly Decrease To 199,000

First-time claims for U.S. unemployment benefits unexpectedly dipped in the week ended December 27th, according to a report released by the Labor Department on Wednesday. The report said initial jobless claims fell to 199,000, a decrease of 16,000 from the previous week’s revised level of 215,000. Economists had expected jobless claims to rise to 220,000 from the 214,000 originally reported for the previous week.

U.S. Crude Oil Inventories Decrease Slightly Less Than Expected

Crude oil inventories in the U.S. decreased by slightly less than expected in the week ended December 26th, according to a report released by the Energy Information Administration on Wednesday. The EIA said crude oil inventories fell by 1.9 million barrels last week after inching up by 0.4 million barrels in the previous week. Economists had expected crude oil inventories to shrink by 2.0 million barrels. At 422.9 million barrels, U.S. crude oil inventories are about 3 percent below the five year average for this time of year, the EIA said

Source: HSL Prime Daily, 01 Jan 2026

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