Tuesday, September 05, 2006

Weekly Outlook

Current Trend: Moving Higher
Risks Favor: Cautiously Floating
Current Price of FNMA 6.0% Bond: $100.09

With all the news that hit the docks last week were now looking at a pretty mild economic calendar for this week. The Institue of Supply Management (ISM) Services, Crude Inventories and Fed Beige Book are due out tomorrow, other than that we'll be looking at technical data as to what the market may or may not do throughout the rest of the week.

Setpember 06   ISM Services Index           Moderate
September 06   Crude Inventories            Moderate
September 06   Beige Book                     Moderate
September 07   Jobless Claims (Initial)    Moderate

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