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 218 thousand from 209 thousand last week.
• Also at 8:30 AM, Personal Income and Outlays, October 2023. The consensus is for a 0.2% increase in personal income, and for a 0.2% increase in personal spending. And for the Core PCE price index to increase 0.2%. PCE prices are expected to be up 3.1% YoY, and core PCE prices up 3.5% YoY.
• At 9:45 AM, Chicago Purchasing Managers Index for November.
• At 10:00 AM, Pending Home Sales Index for October. The consensus is for a 0.6% decrease in the index.