by Calculated Risk on 7/02/2025 08:11:00 PM
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.
Thursday:
• At 8:30 AM ET, Employment Report for June. The consensus is for 129,000 jobs added, and for the unemployment rate to be unchanged at 4.2%.
• Also at 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is for initial claims to increase to 239 thousand from 236 thousand last week.
• Also at 8:30 AM, Trade Balance report for May from the Census Bureau. The consensus is the trade deficit to be $69.8 billion. The U.S. trade deficit was at $61.6 billion the previous month.
• At 10:00 AM, the ISM Services Index for June. The consensus is for a reading of 50.8, up from 49.9.
• All US markets will close early at 1:00 PM ET in observance of Independence Day
