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Thursday: Unemployment Claims, Trade Deficit, ISM Services


by Calculated Risk on 11/02/2022 08:29:00 PM

Note: Mortgage rates are from and are for top tier scenarios.

o At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for an increase to 222 thousand from 217 thousand last week.

o Also at 8:30 AM, Trade Balance report for September from the Census Bureau. The consensus is for the deficit to be $72.1 billion in September, from $67.4 billion in August.

o At 10:00 AM, the ISM Services Index for October. The consensus is for a decrease to 55.5 from 56.7.

Key Words: Now’s the time to buy ‘bombed-out credit markets,’ says DoubleLine’s Jeffrey Gundlach

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