At 8:30 a.m. EDT, the U.S. Labor Department will release initial and
continuing jobless claims for the weeks ending May 17 and 10
respectively. Economists expect a rise of 373k following a 371k increase
in the previous week. Continuing jobless claims are expected to rise to
3,065k from the previous week's 3,060k level.
At 9 a.m. EDT, Fed Governor Randall Kroszner (voter) will speak on
prospects for recovery and repair of mortgage markets...
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