Classical Wednesday

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On the economic calendar:-
 
07:00 MBA Purchase Applications
08:15 ADP Employment Report (Consensus 171 K v Prior 119 K)
08:30 Productivity and Costs
10:00 Factory Orders (Consensus 1.4% v Prior -4.0%)
          ISM N0n-Manufacturing Report (Consensus 53.8 v Prior 53.1)
10:30 EIA Petroleum Status Report
14:00 Beige Book
POMO:-
 
10:15 - 11:00 Outright Treasury Coupon Purchases up to $1.75 billion

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