Core Viewpoint - The number of individuals continuing to claim unemployment benefits in the U.S. for the week ending June 28 is reported at 1.965 million, matching expectations and showing a slight increase from the previous value of 1.964 million [1] Summary by Category - **Unemployment Claims Data** - Continuing claims for unemployment benefits stand at 1.965 million, which aligns with market expectations [1] - The previous week's figure was slightly lower at 1.964 million, indicating a marginal increase in claims [1]

Group 1 - The number of individuals continuing to claim unemployment benefits in the United States for the week ending June 21 is reported at 1.964 million, slightly above the expected figure of 1.962 million and down from the previous value of 1.974 million [1]

美国上周首次申领失业救济人数23.6万，市场预估为24.3万，前值为24.5万。 ...

Core Viewpoint - The number of individuals continuing to claim unemployment benefits in the U.S. for the week ending June 14 is reported at 1.974 million, which is higher than the expected 1.95 million and the previous value of 1.945 million [1] Summary by Category - **Unemployment Claims Data** - Continuing claims for unemployment benefits stand at 1.974 million [1] - The figure exceeds market expectations of 1.95 million [1] - The previous week's claims were recorded at 1.945 million [1]

Group 1 - The article highlights the upcoming release of key economic indicators, including the final GDP for the first quarter in the United States, preliminary durable goods orders for May, and the trade balance for goods [1] - Additionally, it mentions the weekly initial claims for unemployment benefits for the week ending June 21 [1]

Core Insights - The number of individuals continuing to receive unemployment benefits in the U.S. for the week ending June 7 was reported at 1.945 million, slightly above the expected figure of 1.941 million and down from the previous week's count of 1.956 million [1] Summary by Category - **Unemployment Claims Data** - Continuing unemployment claims stood at 1.945 million for the week, indicating a minor increase from expectations [1] - The previous week's claims were reported at 1.956 million, showing a decrease in the number of individuals receiving benefits [1] - The current figure reflects ongoing trends in the labor market and may influence economic outlooks [1]

Report Summary 1. Report Industry Investment Rating - The report gives a short - term bearish rating on zinc, with a trend strength of - 1, indicating a weak bearish outlook [1]. 2. Report's Core View - The zinc market is expected to experience a short - term decline, influenced by factors such as the cooling of US inflation and changes in employment data [1]. 3. Summary by Relevant Catalogs 3.1 Fundamental Tracking - **Price**: The closing price of SHFE zinc main contract was 22,085 yuan/ton, down 0.25%, and the LME zinc 3M electronic trading closed at 2,651 dollars/ton, down 0.28% [1]. - **Volume and Open Interest**: The trading volume of SHFE zinc main contract was 118,688 lots, down 51,539 lots; the LME zinc trading volume was 9,627 lots, up 2,500 lots. The open interest of SHFE zinc main contract was 121,089 lots, down 4,690 lots; the LME zinc open interest was 206,632 lots, down 1,890 lots [1]. - **Premium and Discount**: Shanghai 0 zinc premium was 260 yuan/ton, down 15 yuan/ton; LME CASH - 3M discount was - 32.08 dollars/ton, up 0.97 dollars/ton [1]. - **Inventory**: SHFE zinc futures inventory was 5,133 tons, up 2,058 tons; LME zinc inventory was 132,025 tons, down 550 tons [1]. 3.2 News - After the CPI data, US PPI inflation also cooled. In May, the core PPI increased by 0.1% month - on - month, lower than expected, and the growth rate hit a new low in nearly a year, which led to an increase in the expectation of two interest rate cuts by the Fed this year. The number of initial jobless claims in the US last week was slightly higher than expected, and the number of continuing claims soared to the highest level since the end of 2021 [1].

美国5月31日当周续请失业救济人数 195.6万人，预期 191万人，前值 190.4万人。 ...

美国5月24日当周续请失业救济人数 190.4万人，预期 191万人，前值 191.9万人。 ...

美国5月17日当周续请失业救济人数 191.9万人，预期 189.3万人，前值 190.3万人。 ...