Canada Industrial Product Price (MoM) came in at -0.8% below forecasts (-0.5%) in April

Canada Industrial Product Price (MoM) came in at -0.8% below forecasts (-0.5%) in April
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US: Initial Jobless Claims dropped to 227K last week

US citizens filing new applications for unemployment insurance receded a tad to 227K for the week ending May 17, as reported by the US Department of Labor (DOL) on Thursday. This print came in below initial estimates and the previous week's unrevised tally of 229K.
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