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Thursday: Unemployment Claims, Trade Deficit, ISM Services


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

• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for an increase to 222 thousand from 217 thousand last week.

• Also at 8:30 AM, Trade Balance report for September from the Census Bureau.  The consensus is for the deficit to be $72.1 billion in September, from $67.4 billion in August.

• At 10:00 AM, the ISM Services Index for October.  The consensus is for a decrease to 55.5 from 56.7.

Fed’s Powell: “Ultimate level of interest rates will be higher than previously expected”

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