Classical Wednesday

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On the economic calendar:-
07:00 MBA Purchase Applications
07:30 Challenger Job-Cut Report
08:15 ADP Employment Report (Consensus 165 K v Prior 135 K)
08:30 International Trade (Consensus $-40.8 B v Prior $-40.3 B)
          Jobless Claims (Consensus 345 K v Prior 346 K)
08:35 Gallup US Job Creation Index
          Gallup US Payroll to Population
09:45 Bloomberg Consumer Comfort Index
10:00 ISM Non-Manufacturing Index (Consensus 54.5 v Prior 53.7)
10:30 EIA Petroleum Status Report
11:00 3 Month Bill Announcement
          6 Month Bill Announcement
          3 Year Note Announcement
          10 Year Note Announcement
          30 Year Bond Announcement
12:00 EIA Natural Gas Report
POMO:-
10:15 - 11:00 Outright Treasury Coupon Purchases up to $5.75 billion
Speaking today:-
10:00 Treasury Secretary Jack Lew

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