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Tuesday, November 03, 2020

Wednesday: ADP Employment, Trade Deficit, ISM Services

by Calculated Risk on 11/03/2020 09:00:00 PM

• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

• At 8:15 AM, The ADP Employment Report for October. This report is for private payrolls only (no government).  The consensus is for 650,000 jobs added, down from 749,000 in September.

• At 8:30 AM, Trade Balance report for September from the Census Bureau.  The consensus is for the deficit to be $64.0 billion in September, from $67.1 billion in August.

• At 10:00 AM, the ISM Services Index for October.  The consensus is for a decrease to 57.5 from 57.8.