Back to top

Market Commentary

Home
Market Commentary


 
Today's Coupons
 
  10-Year Notes   99-08 (+06.5) 2.211%  
 
  FN 3.5% Coupon   103-20 (+02.5)  
 
  Support   2.420%  
 
  Resistance   2.140%  
 
 
 
 
Today's Blurb Friday, August 07, 2015
 
 
    Nonfarm Payrolls for July continued above 200K, posting just under expectations, at 215K (consensus 225K) with June revised up from 223K to 231K. The Unemployment Rate was unchanged at 5.3%, a seven year low, with the Labor Force Participation Rate also unchanged at 62.6%. Average Hourly Earnings advanced +2% MoM (consensus +0.2%) and +2.1% YoY (consensus +2.3%). Although slightly under expectations, the Payrolls data may continue to support a 2015 outlook for the Fed’s anticipated rate hikes.  
         Have a nice weekend!
 
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  08/03 Personal Income 05:30 June 0.30% 0.40% 0.50% 0.40%  
                   
  08/03 Personal Spending 05:30 June 0.20% 0.20% 0.90% 0.70%  
                   
  08/03 PCE Core MoM 05:30 June 0.10% 0.10% 0.10% -  
                   
  08/03 PCE Core  YoY 05:30 June 1.20% 1.30% 1.20% 1.30%  
                   
  08/03 Markit US Manufacturing PMI 06:45 July F 53.80 53.80 53.80 -  
                   
  08/03 Construction Spending MoM 07:00 June 0.60% 0.10% 0.80% 1.80%  
                   
  08/03 ISM Manufacturing 07:00 July 53.50 52.70 53.50 -  
                   
  08/04 ISM New York 06:45 July - 68.80 63.10 -  
                   
  08/04 Factory Orders 07:00 June 1.80% 1.80% -1.00% -1.10%  
                   
  08/05 MBA Mortgage Applications 04:00 July 31 - 4.70% 0.80% -  
                   
  08/05 ADP Employment Change 05:15 July 215K 185K 237K 229K  
                   
  08/05 Trade Balance 05:30 June -$ 43.00 Bn -$ 43.80 Bn -$ 41.87 Bn -$ 40.90 Bn  
                   
  08/05 Markit US Composite PMI 06:45 July F - 55.70 55.20 -  
                   
  08/05 Markit US Services PMI 06:45 July F 55.20 55.70 55.20 -  
                   
  08/06 Initial Jobless Claims 05:30 Aug 1 272K 270K 267K -  
                   
  08/06 Continuing Claims 05:30 July 25 2249K 2255K 2262K 2269K  
                   
  08/07 Change in Nonfarm Payrolls 05:30 July 225K 215K 223K 231K  
                   
  08/07 Unemployment Rate 05:30 July 5.30% 5.30% 5.30% -  
                   
  08/07 Average Hourly Earnings MoM 05:30 July 0.20% 0.20% 0.00% -  
                   
  08/07 Average Hourly Earnings YoY 05:30 July 2.30% 2.10% 2.00% -  
                   
  08/07 Labor Force Participation Rate 05:30 July 62.60% 62.60% 62.60% -  
                   
 
 
 
NEED ASSISTANCE? PLEASE CALL:
(844) SECONDARY
(844) 732-6632
 
 
 
 
Helpful Links
  Visit Us Online   Submit Loan  
  Get Approved   Resolve Loan Conditions  
  Download Rate Sheet   Conventional Program Guidelines  
  Price & Lock   Government Program Guidelines  
 
 
   
 
  This information is provided solely for informational use and is not intended as trading or investment advice in any manner whatsoever. Sun West Mortgage Company, Inc. is not a licensed or registered broker or dealer and cannot provide investment strategies or recommendations. This information is provided to licensed brokers/lenders only and may not be copied or distributed to customers or potential customers. All loans are subject to approval. Certain restrictions may apply. Listed pricing is a morning indication only. Program rates, prices, guidelines, fees, costs, terms and conditions are subject to change without notice  
 
©2015 Sun West Mortgage Company, Inc. All Rights Reserved