Strong Job Gains Alongside Fourth of July Weekend
The United States faces strong job gains alongside the Fourth of July weekend, making for a very volatile mortgage market.
The United States faces strong job gains alongside the Fourth of July weekend, making for a very volatile mortgage market.
This week, the Mexican trade deal agreement caused market volatility. However, the net effect of all the news remained minor.
This week, the Employment Report on Friday showed a healthy economy. Beyond that, investors also watched Wednesday’s Federal Reserve meeting.
As CPI shows inflation plummet, most investors expect moderate U.S. economic growth this year and weakness in other regions.
As the latest core CPI report reflects steady inflation, investors received little major news from the Fed meeting after a quiet week.
This week, the excelling labor market actually offset weak manufacturing data and concern over the pace of global economic growth this week.