Daily Market Update 8/4/16

Rates inched lower Thursday as the Bank of England announced a 0.25% rate cut and a new bond purchase program to stimulate the economy in the wake of the Brexit vote.  In the U.S., weekly Jobless Claims rose to 269,000, slightly above forecast.  Factory Orders fell by 1.5%.  A decrease of 1.8% had been expected.  No other key data will be released today.  The closely watched Employment Report for July will be released tomorrow at 8:30 AM.

Back to top