Market Watch June 11th

Dated: 06/11/2016

Views: 543


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This Weekin Review

 

Rate trends globally are a theme receiving a lot of media attention this week with cautious commentary.  German Rates continue to move lower with the 10yr Bond at or near negative territory.  Looking at US Treasury rates, most agree that a rate hike by the Fed in next week’s meeting is off the table after the disappointing May jobs numbers.  But there is some nervousness that Yellen will look to firm up July rate hike odds during next week’s post-meeting press conference (they now stand at just 18%).  There was downward pressure on rates nearly every day this week, with 10yr levels dropping from 1.72 Monday to 1.64 as of Friday morning.   

Next week has the China economic data release and the June Fed decision, with Yellen testimony and the Brexit vote the following week.

 

Upcoming Market DataMonday - June 13
 
Markets Open - No Important Releases
 
Tuesday - June 14
 
NFIB Small Business Optimism Index
Retail Sales
Import and Export Prices
Business Inventories
 
Wednesday - June 15
 
MBA Mortgage Applications
PPI-FD
Empire State Mfg Survey
Industrial Production
FOMC Meeting Announcement and Forecasts
 
Thursday - June 16
 
Consumer Price Index
Jobless Claims
Philadelphia Fed Business Outlook Survey
Bloomberg Consumer Comfort Index
Housing Market Index
 
Friday - June 17
 
Housing Starts
 
FeaturedBlog

 

14 Steps To Get Your Home Vacation-Ready


PrimeLending, a PlainsCapital CompanySummer is here, and if you are like many Americans, that means it’s time to plan your summer getaway. As you book your travel and accommodations, make your packing list and perfect your vacation itinerary, don’t forget to make time to prep your home for your absence.
No matter how long you plan to be gone — whether a few days, a few weeks or longer — leaving your home vacation-ready will help ensure you have a safe, clean and same-as-you-left-it place to return to. Here are our top tips …

Learn More >

 

CALL TODAY TO DISCUSS THIS WEEK'S MARKET TRENDS.
 
 
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  Jason Kaiman
  Production Manager
  NMLS: 406027
  Office: 515-418-9608
  Cell: 515-205-5244
  10647 Justin Drive
  Urbandale, IA 50322
 
jkaiman@primelending.com
lo.primelending.com/jkaiman

 

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All loans subject to credit approval. Rates and fees subject to change. Mortgage financing provided by PrimeLending, a PlainsCapital Company. Equal Housing Lender. © 2016 PrimeLending, a PlainsCapital Company (NMLS: 13649).

 

EHL

 

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