Reports to Watch
The week is full of key economic data from a variety of sectors.
- Regional manufacturing data comes in the form of the Empire State Index on Monday and the Philadelphia Fed Index on Thursday.
- Housing Starts and Building Permits will be delivered on Tuesday.
- As usual, weekly Initial Jobless Claims also will be reported on Thursday.
After heightened volatility the past two weeks due to the Federal Open Market Committee meeting, Jobs Report, inflation data and geopolitical headlines, this week could prove to be slow and uneventful.
A handful of economic reports will be released. And as we get closer to Memorial Day weekend, trading volumes could ease and volatility could decline.
Where will investing dollars be put to work and what catalysts will emerge to move Stock and Bond prices? Bond friendly news will keep home loan rates just above historic lows. Stock friendly news could push Stock prices higher, leaving rates vulnerable to a slight uptick.
Stay tuned to Mortgage Market Guide to see what happens.
For more detailed information and insight, view the Economic Calendar, the Daily Market Update and Guidance, and our exclusive Market News. And don’t forget, you can easily download the Economic Calendar to your Outlook Calendar to make sure you don’t miss important economic releases. Just click here to read instructions for downloading to Outlook.