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    December 6th, 2017

    Today's market Commentary
    Price

    Mortgage bond prices were positive this morning which put downward pressure on rates.

    The data was mixed. ADP payrolls rose 190K as expected, Revised Q3 Productivity was 3% versus the expected 3.3% reading.

    Stock futures were lower at the open after losses yesterday but the DOW was up 2 points at pricing. Treasuries saw increased demand overnight as Asian equities struggled.

    We have weekly jobless claims Thursday morning.

    Event Calendar:
    Monday, Dec 4, 2017
    Factory orders @ 10 am ET

    Tuesday, Dec 5, 2017
    Trade data @ 8:30 am ET

    Wednesday, Dec 6, 2017
    ADP Payrolls @ 8:30 am ET

    Wednesday, Dec 6, 2017
    Q3 Productivity revised @ 8:30 am ET

    Thursday, Dec 7, 2017
    Weekly jobless claims @ 8:30 am ET

    Friday, Dec 8, 2017
    BLS monthly employment report @ 8:30 am ET

    Friday, Dec 8, 2017
    U of Michigan Consumer Sentiment @ 10 am ET


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