July 12th, 2016


Below is the news when it happened and market reaction

Tue, Jul 12 9:53 AM - As expected, Stocks open higher - Dow +136 points.
Tue, Jul 12 8:32 AM - U.S. dollar index 96.24, -0.35.
Tue, Jul 12 8:32 AM - The Monthly Bond Rollover will take place after the close of trading this evening.
Tue, Jul 12 8:31 AM - WTI oil $45.88/barrel, +$1.12.
Tue, Jul 12 8:30 AM - 10-yr T Note higher to 1.48% as investors shift out of the safety trade into equities.
Tue, Jul 12 8:14 AM - MBS open lower, but the losses are contained, while Treasuries take the brunt of the beating.
Tue, Jul 12 8:06 AM - The Treasury will sell $20B 10-yr Notes today, results at 1:00 p.m. ET.
Tue, Jul 12 8:05 AM - There are no economic reports due for release today.
Tue, Jul 12 8:02 AM - S&P futures poised to push higher at the open after yesterday's all-time record closing high of 2,137.
Tue, Jul 12 7:58 AM - Treasury securities are considerably lower this morning, yields higher, as the risk on trade continues after Alcoa reported better-than-expected earnings and as Britain ushers in a new Prime Minister, which could be a good sign to tackle the Brexit.


John Marbury
Mortgage Lender NMLS# 514390
NMLS# 740833
Fax: 866-217-4174

813 Shades Creek Parkway
Birmingham, Alabama 35209

Mission Statement

To be the simplest and most informative mortgage website on the market today. To make the mortgage process as easy as possible, by informing and educating the consumer on what to expect and how much it is going to cost.

Sign Up Now!