Happening This Week

After last week, this week seems downright anemic. A lot of jobs data as we get the monthly nonfarm payroll report on Friday and job openings will be reported on Wednesday. Looking at housing, we get construction spending on Monday and the CoreLogic Home Price Index is out on Tuesday.

Monday

10:00 AM Construction spending is expected to increase by 0.2%

Tuesday

2:00 AM U.K. home prices are expected to rise to 11.7% year-over-year

9:00 AM CoreLogic’s Home Price Index

10:00 AM Job openings are expected to fall to 11.0 million.

Wednesday

7:00 AM Mortgage demand & rates

Thursday

7:00 AM Bank of England is expected to raise rates by 25 basis points.

8:30 AM The trade balance is expected to fall to $80 billion

8:30 AM Jobless claims are expected to fall to 255k

10:00 AM Mortgage rates

Friday

2:00 AM U.K. Halifax home prices are expected to rise to 14.2% year-over-year

8:30 AM The monthly nonfarm payrolls are expected to rise by 250,000.