Modestly Jolted
Modestly Jolted
Bonds were sideways to slightly weaker overnight. They rallied modestly in concert with war headlines but then erased gains after strong JOLTS data (job Openings and labor turnover survey). MBS are down nearly a quarter point as of 1015am ET.
Little-Moved By Huge Drop in Oil and Tech Stocks
| Time | Event | Period | Actual | Forecast | Prior |
|---|---|---|---|---|---|
| Tuesday, Nov 03 | |||||
| 6:00AM | Nov IBD economic optimism | Nov | 48.5 | 46.2 | 46.8 |
| 10:00AM | Sep Factory orders mm (%) | Sep | 1.8% | 1.2% | 0.1% |
| 10:00AM | Sep JOLTs Job Quits (ml) | Sep | 3.365M | 3.066M | |
| 10:00AM | Sep USA JOLTS Job Openings (ml) | Sep | 7.523M | 7.10M | 7.079M |
| 11:30AM | 6-Week Bill Auction (%) | 3.950% | |||
| 2:00PM | Oct Total Vehicle Sales (ml) | Oct | 15.9M | 16M | |
| Wednesday, Nov 04 | |||||
| 7:00AM | Oct/30 Mortgage Market Index | Oct/30 | 195.0 | ||
| 7:00AM | Oct/30 MBA Refi Index | Oct/30 | 516.8 | ||
| 7:00AM | Oct/30 MBA Purchase Index | Oct/30 | 134.1 | ||
| 8:15AM | Oct ADP jobs (k) | Oct | 69K | 90K | |
| 8:30AM | Sep Trade Gap (bl) | Sep | $-108B | $-105.6B | |
| 9:45AM | Oct S&P Global Services PMI | Oct | 57.9 | 58.8 | |
| 9:45AM | Oct S&P Global Composite PMI | Oct | 57.6 | 58.4 | |
| 10:00AM | Oct ISM Biz Activity | Oct | 56.5 | ||
| 10:00AM | Oct ISM Services Employment | Oct | 50.1 | ||
| 10:00AM | Oct ISM Services New Orders | Oct | 59.8 | ||
| 10:00AM | Oct ISM Services Prices | Oct | 74.0 | ||
| 10:00AM | Oct ISM N-Mfg PMI | Oct | 54.8 | 54.9 | |
| 10:30AM | Oct/30 Crude Oil Inventory (ml) | Oct/30 | -1.892M | ||