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Thursday: Trade Deficit, ADP Employment, Unemployment Claims

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Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

Thursday:
• At 8:15 AM ET, The ADP Employment Report for December. This report is for private payrolls only (no government). The consensus is for 145,000, up from 127,000 jobs added in November.

• At 8:30 AM, Trade Balance report for November from the Census Bureau. The consensus is the trade deficit to be $76.1 billion.  The U.S. trade deficit was at $78.2 billion in October.

• Also at 8:30 AM, The initial weekly unemployment claims report will be released.  The consensus is for 230 thousand initial claims, up from 225 thousand last week.

Vehicles Sales Declined to 13.31 million SAAR in December

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