Unbelievably Stunning Job Gains After Earlier Losses Around the World
Following Friday’s strong labor report, the United States realized unbelievably stunning job gains after weeks of declines.
Following Friday’s strong labor report, the United States realized unbelievably stunning job gains after weeks of declines.
Once again, the coronavirus dominated financial markets this week. In doing so, markets posted nearly unprecedented daily movements.
With Super Tuesday and the key monthly Employment report on the schedule, the world places focus on the coronavirus pandemic.
This week, the United States experienced more impressive job gains playing a major role in mortgage markets.
The United States-China trade talks face hurdles, generating a favorable impact for mortgage-backed securities this week.
Mortgage rates saw little change after mixed economic data this week as investors look towards major central bank meetings later in the month.
This week, the Core Consumer Price Index showed inflation on the rise. Overall, this reflected negatively for mortgage rates.
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.