Happening This Week

Monday

5:30 AM Mortgage lending is projected to fall by 8.7% to £5.6B

Tuesday

9:00 AM CoreLogic Home Price Index

10:00 AM Construction spending is expected to have fallen 0.5% in September

10:00 AM The ISM Manufacturing PMI is expected to fall to fall one point to 49.9

10:00 AM Job openings are projected to fall 0.5% to 10M

Wednesday

7:00 AM Mortgage demand and rates

8:15 AM ADP jobs report is projected to show 190k new jobs in October

2:00 PM FOMC is expected to raise rates by 75 bips

Thursday

8:00 AM Bank of England is projected to raise rates by 75 bips

8:30 AM The trade deficit is projected to rise 7.0% to $72.1B

8:30 AM Jobless claims are expected to rise to 220k

10:00 AM The ISM Services PMI is excepted to fall 1.3 points to 55.4

Friday

8:30 AM The nonfarm payroll is expected to show 200k new jobs in October