WEDNESDAY NOTE:

🏡MBA MORTGAGES •ADP JOBS +120K 📢BARR 📢🇪🇺CIPOLLONE •S&P SERVICE PMI 51 •S&P COMP PMI 51.7 •ISM SERVICE 53.8 •ISM SERVICE EMPLOYMENT 49 •DURABLE GOODS 7.9% 🛢️EIA CRUDE -3MM 🛢️GASOLINE -2MM 🛢️DISTILLATE -2MM •4M TBILLS •BEIGE BOOK 📢L. LOGAN — VIA @BLACKLIONCTA

ADP jobs +120K, ISM Services 53.8, and EIA crude -3MM signal mixed macro data.