Daily Market Update 2/5/15

Rates inched higher Thursday in volatile trading.  This morning, weekly Jobless Claims rose to 278,000, below the consensus forecast of 290,000.  The Trade Deficit jumped to $46.0 billion, far exceeding expectations, to the highest level since November 2012.  The large increase was attributed to a stronger dollar, affecting both exports and imports.  Fourth quarter Productivity fell by 1.8%.  An increase of 0.2% had been expected.  Stocks moved higher.  The closely watched Employment Report for January will be released tomorrow at 8:30 AM.  No other key data will be released today.

Back to top