HEADS UP: FED CHAIR WARSH PARTICIPATES IN POLICY PANEL DISCUSSION AT THE ECB FORUM ON CENTRAL BANKING IN SINTRA, PORTUGAL, COMING UP AFTER 9A ET
US ADP PRIVATE PAYROLLS +122K IN MAY FROM APRIL, UNREVISED FROM +122K PREVIOUSLY REPORTED)
US ADP PRIVATE PAYROLLS: GOODS-PRODUCING JOBS +2K IN JUNE FROM MAY; SERVICES JOBS +96K IN JUNE FROM MAY
US ADP PRIVATE PAYROLLS +98K IN JUNE FROM MAY (VS. +117K MARKETS EXPECTED)
US MBA MORTGAGE PURCHASE INDEX +0.5% IN JUNE 26 WEEK; +3.5% VS 4 WEEKS AGO; +3.2% VS 1 YEAR AGO
US MBA ADJUSTABLE-RATE MORTGAGE INDEX -7.7% IN JUNE 26 WEEK; -3.8% VS 4 WEEKS AGO; +2.3% VS 1 YEAR AGO
US MBA FIXED RATE MORTGAGE INDEX +0.8% IN JUNE 26 WEEK; +8.7% VS 4 WEEKS AGO; +6.0% VS 1 YEAR AGO
US MORTGAGE BANKERS ASSN MORTGAGE APPLICATIONS INDEX UNCHANGED IN JUNE 26 WEEK; +7.7% VS 4 WEEKS AGO; +5.7% VS 1 YEAR AGO
US MBA 5-YEAR ARM CONTRACT MORTGAGE RATE 5.79% IN JUNE 26 WEEK; +11 BPS VS 1 WEEK AGO, -3 BPS VS 4 WEEKS AGO, -20 BPS VS 1 YEAR AGO
US MBA 30-YEAR FIXED CONTRACT MORTGAGE RATE 6.57% IN JUNE 26 WEEK; -2 BPS VS 1 WEEK AGO, UNCHANGED VS 4 WEEKS AGO, -22 BPS VS 1 YEAR AGO
US MBA DEPUTY CHIEF ECONOMIST KAN: ‘PROSPECTIVE HOMEBUYERS ARE FINDING OPPORTUNITIES IN MARKETS WITH AMPLE INVENTORY’, EASING PRICE GROWTH
US MBA MORTGAGE REFINANCE INDEX -0.7% IN JUNE 26 WEEK; +12.6% VS 4 WEEKS AGO; +9.1% VS 1 YEAR AGO
US MBA: REFINANCINGS AT 41.4% OF TOTAL MORTGAGE APPLICATIONS IN JUNE 26 WEEK VS 41.5% IN PRIOR WEEK
US MBA: ADJUSTABLE-RATE MORTGAGES 7.6% OF TOTAL MORTGAGE APPLICATIONS IN JUNE 26 WEEK VS 8.2% IN PRIOR WEEK
US CHALLENGER HIRING PLANS YEAR-TO-DATE 82,932 IN 2026 VS 91,405 IN 2025 YEAR-TO-DATE
US CHALLENGER LARGEST NUMBER OF HIRING PLANS FOR JUNE 3,300 IN ENTERTAINMENT/LEISURE
US CHALLENGER HIRING PLANS -44.0% AT 10,933 IN JUNE VS 19,536 IN MAY; -42.7% FROM JUNE 2025
US CHALLENGER: HIRING PLANS 10,933 IN JUNE, DOWN 44% FROM 19,536 IN MAY, UP FROM 3,191 IN YEAR AGO MONTH
US CHALLENGER JOB CUTS FOR JUNE LED BY 15,503 IN TECHNOLOGY
US CHALLENGER: LAYOFFS 443,604 YEAR TO DATE IN JUNE 2026, DOWN 40% FROM YEAR-AGO PERIOD
