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Market Commentary


 
Today's Coupons
 
  10-Year Notes   100-23 (+0.5) 2.168%  
 
  FN 3.5% Coupon   103-21 (-0.5)  
 
  Support   2.370%  
 
  Resistance   2.130%  
 
 
 
 
Today's Blurb Thursday, January 07, 2016
 
 
     Initial Jobless Claims fell 10K last week to 277K from an unrevised 287K prior to mark the 44th consecutive week of jobless claims below 300K. The four-week moving average fell from 277,000 to 275,750. Continuing Claims, lagged an additional week, rose 25K to 2230K from an upwardly revised 2205K prior. Treasuries are continuing their advance for the sixth consecutive day as weakness overseas spurs demand for safe haven treasuries. The curve is flat to yesterday’s 2:00 PM (PT) close. 
 
 
   
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  01/04 Markit US Manufacturing PMI 06:45 Dec F 51.10 51.20 51.30 -  
                   
  01/04 ISM Manufacturing 07:00 Dec 49.00 48.20 48.60 -  
                   
  01/05 ISM New York 06:45 Dec - 62.00 60.70 -  
                   
  01/06 MBA Mortgage Applications 04:00 1 Jan - -11.60% -17.40% -  
                   
  01/06 ADP Employment Change 05:15 Dec 198K 257K 217K 211K  
                   
  01/06 Trade Balance 05:30 Nov -$44.00 B -$42.37 B -$43.89 B -$44.58 B  
                   
  01/06 Markit US Services PMI 06:45 Dec F 54.00 54.30 53.70 -  
                   
  01/06 Markit US Composite PMI 06:45 Dec F - 54.00 53.50 -  
                   
  01/06 Factory Orders 07:00 Nov -0.20% -0.20% 1.50% 1.30%  
                   
  01/06 Durable Goods Orders 07:00 Nov F - 0.00% 0.00% -  
                   
  01/06 U.S. Fed Releases Minutes from FOMC Meeting 11:00 15-16 Dec - - - -  
                   
  01/07 Challenger Job Cuts YoY 04:30 Dec - -27.60% -13.90% -  
                   
  01/07 Initial Jobless Claims 05:30 2 Jan 275K 277K 287K -  
                   
  01/07 Continuing Claims 05:30 26 Dec 2200K 2230K 2198K 2205K  
                   
  01/08 Unemployment Rate 05:30 Dec 5.00% - 5.00% -  
                   
  01/08 Change in Nonfarm Payrolls 05:30 Dec 200K  - 211K  -  
                   
  01/08 Change in Private Payrolls 05:30 Dec 200K  - 197K -  
                   
  01/08 Average Hourly Earnings MoM 05:30 Dec 0.20%  - 0.20%  -  
                   
  01/08 Average Hourly Earnings YoY 05:30 Dec 2.80%  - 2.30%  -  
                   
  01/08 Wholesale Trade Sales MoM 07:00 Nov 0.00%  - 0.00% -  
                   
  01/08 Wholesale Inventories MoM 07:00 Nov -0.10%  - -0.10%  -  
                   
 
 
 
 
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