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July 6, 2015
Today's market Commentary
Mortgage bond prices were sharply higher this morning which helped rates improve. The DOW was down 104 points at pricing.
There was no data. The Greek debt vote drove trading overnight and this morning. Greek voters rejected the most recent bailout plan. The Greek Finance Minister resigned after the results were made known. Voters are hoping they can press creditors for more favorable terms with less austerity measures. This leaves the eurozone in a mess, but isn't anything new considering the Greek debt issue has been kicked down the road over and over again. Expect more volatility.
Trade data will be released Tuesday morning.
Tuesday, Jul 7, 2015
Trade Data @ 8:30 am et
Wednesday, Jul 8, 2015
Fed Minutes @ 2:15pm et
Thursday, Jul 9, 2015
Weekly Jobless Claims @ 8:30 am et