Calendar focuses on new home sales
Evan McDaniel | email@example.com
Today's economic calendar is relatively light, with traders focused mostly on housing-related data.
The schedule begins with the weekly MBA mortgage-purchase application report at 7 a.m. ET. There are no forecasts for this release, which came in at 16.9 percent in the previous week.
New home sales for June are scheduled for 10 a.m. ET. The consensus forecast calls for a reading of 370,000, up slightly from June's 369,000. Estimates range from 358,000 to 389,000.
The weekly EIA petroleum inventories will be released at 10:30 a.m. ET. The last report showed a draw of -809,000 barrels of crude oil.
A five-year note auction at 1 p.m. ET is the last item on the calendar.
Jobless claims, foreign data on agenda
May 23, 2013
Initial jobless claims are the main item today, but overseas news could affect sentiment as well. Late last night HSBC's preliminary purchasing managers index for China came in at 49.6, a seven-month low.
Jobless claims, housing lead docket
May 16, 2013
Initial jobless claims and housing data, both at 8:30 a.m. ET, are the main economic releases. Economists are forecasting that 330,000 Americans sought unemployment benefits last week.
Real estate, consumer data on docket
April 30, 2013
Today's economic calendar includes the Case-Shiller index of home prices, the Chicago purchasing managers index, and Commerce Department data on consumer confidence.