Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.
Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for an increase to 222 thousand from 217 thousand last week.
• Also at 8:30 AM, Trade Balance report for September from the Census Bureau. The consensus is for the deficit to be $72.1 billion in September, from $67.4 billion in August.
• At 10:00 AM, the ISM Services Index for October. The consensus is for a decrease to 55.5 from 56.7.