August 20, 2026
United States:
US Jobless Claims Edge Lower in Sign of Steady Job Market
Applications for US unemployment benefits edged lower last week, staying near historically low levels and suggesting few layoffs across the labor market.
Initial claims decreased by 6,000 to 206,000 in the week ended Aug. 15, according to Labor Department data released Thursday. The median forecast in a Bloomberg survey of economists called for 210,000.
Europe:
German Economy Finally ‘on Path to Recovery,’ Bundesbank Says
The German economy is in better shape than thought, even if it’s likely to grow only modestly in the third quarter, the Bundesbank said.
Gross domestic product will expand “slightly” between July and September, with record-low water levels on the Rhine temporarily putting a significant burden on activity, it said in its monthly report published Thursday.
Asia:
Japan’s Exports Grow at Fastest Pace Since 2022 on Chips
Japan’s export growth accelerated to the fastest pace since 2022, fueled by robust demand for chips and cars and a yen that weakened to a 40-year low.
The value of exports rose 23.2% in July from a year earlier, accelerating from a 19.3% gain in June, the Finance Ministry reported Thursday.
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