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Wednesday: ADP Employment, ISM Services

Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

• At 8:15 AM, The ADP Employment Report for July. This report is for private payrolls only (no government). The consensus is for 675 thousand payroll jobs added in July, down from 692 thousand added in June.

• At 10:00 AM, the ISM Services Index for July.   The consensus is for a reading of 60.4, up from 60.1.

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