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Market Commentary


 
Today's Coupons
 
  10-Year Notes   99-25.5 (+10) 2.023%  
 
  FN 3.5% Coupon   104-20 (+04)  
 
  Support   2.250%  
 
  Resistance   2.010%  
 
 
 
 
Today's Blurb Tuesday, October 27, 2015
 
 
        Durable Goods Orders fell 1.20% in September (consensus -1.50%) and August was revised down from -2.00% to -3.00%. Excluding Transportation, Durables edged down 0.40% following a 0.90% decline prior. Home Prices rose at a faster pace than expected in August with the S&P/Case-Schiller index up 5.09% (consensus +5.10%) following a downward revision to July from 4.96% to 4.91%. The Markit US Composite PMI for October posted 54.50 vs. 55.00 prior and the Services PMI fell to 54.40 from 55.10 prior. Treasuries are higher this morning following the data release and the curve has flattened with 2s10s down 1.8 bps.
 
 
   
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  10/26 New Home Sales 07:00 Sep 549K 468K 552K 529K  
                   
  10/26 New Home Sales MoM 07:00 Sep -0.60% -11.50% 5.70% 5.20%  
                   
  10/26 Dallas Fed Manf. Activity 07:30 Oct -6.50 -12.70 -9.50 -  
                   
  10/27 Durable Goods Orders 05:30 Sep -1.50% -1.20% -2.00% -3.00%  
                   
  10/27 S&P/Case-Shiller US HPI MoM 06:00 Aug - 0.44% 0.37% 0.31%  
                   
  10/27 S&P/Case-Shiller US HPI YoY 06:00 Aug 4.80% 4.68% 4.69% 4.56%  
                   
  10/27 Markit US Composite PMI 06:45 Oct P - 54.50 55.00 -  
                   
  10/27 Markit US Services PMI 06:45 Oct P 55.50 54.40 55.10 -  
                   
  10/27 Consumer Confidence Index 07:00 Oct 102.90 97.60 103.00 102.60  
                   
  10/27 Richmond Fed Manufact. Index 07:00 Oct -3.00 -1.00 -5.00 -  
                   
  10/28 No Data - - - - - -  
                   
  10/29 Initial Jobless Claims 05:30 Oct 24 265K - 259K -  
                   
  10/29 Continuing Claims 05:30 Oct 17 2160K - 2170K -  
                   
  10/29 GDP Annualized QoQ 05:30 3Q A 1.50% - 3.90% -  
                   
  10/29 Personal Consumption 05:30 3Q A 3.30% - 3.60% -  
                   
  10/29 GDP Price Index 05:30 3Q A 1.50% - 2.10% -  
                   
  10/29 Pending Home Sales MoM 07:00 Sep 1.00% - -1.40% -  
                   
  10/29 Pending Home Sales NSA YoY 07:00 Sep 7.30% - 6.70% -  
                   
  10/30 Personal Income 05:30 Sep 0.20% - 0.30% -  
                   
  10/30 Personal Spending 05:30 Sep 0.20% - 0.40% -  
                   
  10/30 ISM Milwaukee 06:00 Oct 44.00 - 39.44 -  
                   
  10/30 U. of Mich. Sentiment 07:00 Oct F 92.50 - 92.10 -  
                   
 
 
 
 
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  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  
 
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