New Home Sales for February are expected today at 10:00 AM EST to increase to a 291,000 annual pace, after decreasing to an annual pace of 284,000 homes in January with a median sales price of $230,600 and an average sales price of $260,300.
Crude inventories are expected today at 10:30 AM EST. For the week ending March 11, U.S. commercial crude oil inventories had increased by 1.7 million barrels from the previous week to 350.6 million barrels and were above the upper limit of the average range for that time of year. U.S. crude oil refinery inputs averaged 14.2 million barrels per day during this period, 239 thousand barrels per day above the previous week’s average. U.S. crude oil imports were averaging 8.7 million barrels per day, up by 381 thousand barrels per day from the previous week.
Upcoming Releases
New Home Sales (03/23 at 10:00 AM EST)
Crude Inventories (03/23 at 10:30 AM EST)
Durable Orders (03/24 at 8:30 AM EST)
Durable Orders (03/24 at 8:30 AM EST)
Initial Claims (03/24 at 8:30 AM EST)
