Market Analysis

Bond markets have opened slightly positive despite strength in stocks.  This week is very light in terms of economic data. Below is a recap:

Tuesday, July 6, 2010

  • June Institute of Supply Management (ISM) Service Sector Index - expected reading of 55.0.  Actual reading was 53.8.  Anything over 50 signifies expansion.

Wednesday, July 7, 2010

  • No key economic releases

Thursday, July 8, 2010

  • Initial Jobless Claims Week Ended 7/3/10 - claims expected to drop by 12,000 to 460,000
  • Continuing Jobless Claims Week Ended 6/26/10 - claims expected to drop 16,000 to 4.6 million from 4.616 million.
  • May Consumer Credit - consumer credit outstanding expected to decrease by $3 billion compared to an increase of $1 billion in April.

Friday, July 9, 2010

  • No key economic releases

 

Posted by Matthew Breston on July 6th, 2010 11:20 AMPost a Comment (0)
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