Wednesday: Trade Deficit, ADP Employment, ISM non-Mfg Survey

From Jon Hilsenrath at the WSJ: Atlanta Fed's Lockhart: Fed Is ‘Close' to Being Ready to Raise Short-Term Rates "I think there is a high bar right now to not acting, speaking for myself," Mr. Lockhart said ... Wednesday: • At 7:00 AM, the Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index . • At 8:15 AM, the ADP Employment Report for July . This report is for private payrolls only (no government). The consensus is for 210,000 payroll jobs added in July, down from 238,000 in June. • At 8:30 AM, Trade Balance report for June from the Census......(read more)

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