−40%−20%0+20%+40%−13%−1×+13%+1×Jobless claims for the week to Feb 1, 2020: 202,000 (-14k)Jobs report for January 2020: -197k, unemployment 3.6%CPI release for January 2020: +0.1% on the month, core +0.2%Retail sales for January 2020: 0.0% on the monthProducer prices for January 2020: +0.5% on the monthJobless claims for the week to Feb 15, 2020: 210,000 (+5k)Jobless claims for the week to Feb 22, 2020: 219,000 (+9k)February 2020 monthly options expiryFed cuts rates by 50bp in an emergency moveJobless claims for the week to Feb 29, 2020: 216,000 (-3k)CPI release for February 2020: +0.1% on the month, core +0.2%Producer prices for February 2020: -0.6% on the month