Classical Wednesday

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On the economic calendar:-

07:00 MBA Purchase Applications
08:15 ADP Employment Report (Consensus 155 K v Prior 158 K)
08:58 PMI Manufacturing Index (Consensus 52.0 v Prior 54.6)
09:00 Treasury Refunding Announcement
3 Year Note Announcement
10 Year Note Announcement
30 Year Bond Announcement
10:00 ISM Manufacturing Index (Consensus 51.0 v Prior 51.3)
Construction Spending (Consensus 0.6% v Prior 1.2%)
10:30 EIA Petroleum Staus Report
14:00 FOMC Meeting Announcement (Unchanged Fed Funds Target Level)


None today



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