The week is breezing by however nerves are more and more frayed after 4 consecutive declines in US equities. At present’s spotlight is the duo of the Philly Fed (proven above) and preliminary jobless claims, each on the backside of the hour.
There are signal of softening within the US jobs market however that hasn’t proven up but in claims. Might at present be the day? The consensus is 215K, up from 211K final week.
Later we get present house gross sales at 10 am ET and a 5-year TIPS public sale. The Fed calendar contains Williams at 9:15 am ET and Bostic at 11 am ET.
After the shut, we get earnings from Netflix.
