Settlement Risk: Thursday: Trade Deficit, Jobless Claims

in Estimated risk per 03.08.2022 21:17:00

Mortgage rates Wednesday:
• At 8:30 am ET, Trade balance report for June from the Census Bureau. By all accounts, the trade deficit will be $80.1 billion. The US trade deficit in the previous month was $85.5 billion.

• Also at 8:30 am The initial weekly jobless claims the report will be published. The consensus is 265K compared to 256K last week.

For COVID (focus on hospitalizations and deaths):

The number of hospitalizations has nearly quadrupled since the April 2022 low.

COVID metrics
Currently A week
new cases per day2 119 034 126 812 ≤5000one
hospitalized2 37 132 37 286 ≤3000one
Deaths per day2 387 396 ≤50one
onemy goals are to stop daily fasting,
27-day mean for cases currently hospitalized and deaths
🚩 Increase in the number of cases, hospitalizations and deaths per week in an average of 7 days.

✅ Goal with.

COVID-19 Positive tests per dayClick on the graph to enlarge the image.

This graph shows the daily (bars) and 7-day average (line) of reported deaths.

The average daily death rate bottomed out in July 2021 at 214 people per day.