Happening This Week

It’s not only a short work week it’s also mega jobs week! We are not only getting the ADP, initial jobless claims, and the nonfarm payroll but we also get the latest JOLT report out on Wednesday. Job openings are expected to fall to 11 million flat and economists are looking for 270k jobs created in June.

Tuesday

9:00 AM CoreLogic’s Home Price Index

Wednesday

7:00 AM Mortgage demand and rates

10:00 AM Job openings for June are expected to fall to 11 million

2:00 PM Fed minutes from the last FOMC meeting

Thursday

8:15 AM ADP’s private payroll report is expected to increase by 200,000 jobs.

8:30 AM jobless claims are expected to fall to 230k.

8:30 AM Trade deficit is expected to fall to $85B

Friday

8:30 AM Nonfarm payrolls are expected to increase by 270,000