It is Thursday the 3rd of August, here are some things to look out for today.
Treasuries fall for a fourth day this morning as the yield curve steepens amid growing concerns about the inflation outlook and as attention shifts to the US deficits.
With the exception of the yen and Swiss franc havens, the dollar rose against Group-of-10 peers.
The focus will be on jobless claims data, ISM services data, and a speech by Fed Governor Barkin.
So far, the market's reaction to Fitch Ratings' surprise downgrade of the US sovereign credit rating has been a shrug and howls of protest from commentators.
The Bank of England raised interest rates to a new 15-year high, warning that combating inflation may necessitate tighter borrowing conditions for an extended period of time.
8:30 AM ET
US Weekly Initial Jobless Claims
Median Forecast: 225K | Prior: 221K | Range: 240K / 210K
9:00 AM ET
BoE Decision Maker Survey
9:45 AM ET
US S&P Services PMI July Final
Median Forecast: 52.4 | Prior: 52.4 | Range: 52.4 / 52
US Factory Orders MoM for June
Median Forecast: 2.3% | Prior: 0.3% | Range: 3.2% / -0.2%
11:30 AM ET
US sells $70 bln 4-Week Bills
4:00 PM ET
Amazon Q2 '23 Earnings
Est. EPS 35c
Est. Rev $131.63 bln
4:30 PM ET
Apple Q2 '23 Earnings
Est. EPS $1.21
Est. Rev $81.55 bln