Monday, January 07, 2019

Tuesday: Job Openings, Trade Deficit (Postponed)

From Matthew Graham at Mortgage News Daily: Mortgage Rates Continue Rising From Long-Term Lows
Mortgage rates were higher again today, extending a 2-day move from the lowest levels since early 2018. The size and pace of the late 2018 improvements introduced the risk of a bounce even before last Friday's key events. [30YR FIXED - 4.5%]
emphasis added
Tuesday:
• At 6:00 AM: NFIB Small Business Optimism Index for December.

• At 8:30 AM: POSTPONED Trade Balance report for November from the Census Bureau. The consensus is the trade deficit to be $53.9 billion.  The U.S. trade deficit was at $55.5 billion in October.

• At 10:00 AM ET: Job Openings and Labor Turnover Survey for November from the BLS.

• At 3:00 PM: Consumer Credit from the Federal Reserve.

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