The Week Ahead:Very Light Week
June's slowdown in new orders and business activity proved a one-month outlier as the ISM's non-manufacturing report shows a surge for both in July that drove the composite index up a very substantial 3.8 points to 56.0 for the best reading since February.
Tuesday:International Trade, Prior -45.0 B, Consensus -43.0 B.
Wednesday:No Economic Data
Thursday:Jobless Claims, Prior 326 K, Consensus 336K.
Friday:No Economic Data
Dow is trading at 15,619 -38 the 10 yr bond is at 2.65 from 2.61 Friday, . Currently point structure is unchanged fromFriday
Conv. – 4.375%
FHA. _ 4.25%
Have a super week!
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