Existing Home Sales are scheduled for release today at 10:00 AM EST. Our consensus estimate shows this indicator is expected to increase to a 5 million annual pace for March from the 4.88 million pace reported in February. The national median existing-home price for all housing types in February was $156,100, which is 5.2% below the figure recorded a year earlier.
Crude inventories are expected today at 10:30 AM EST. For the week ending April 8, U.S. commercial crude oil inventories had increased by 1.6 million barrels from the previous week to 359.3 million barrels and were above the upper limit of the average range for that time of year. U.S. crude oil refinery inputs averaged 14.0 million barrels per day during this period, 354 thousand barrels per day below the previous week’s average. U.S. crude oil imports were averaging just less than 8.6 million barrels per day, down by 379 thousand barrels per day from the previous week.
Upcoming Releases
Existing Home Sales (04/20 at 10:00 AM EST)
Crude Inventories (04/20 at 10:30 AM EST)
Initial Claims (04/21 at 8:30 AM EST)
Leading Indicators (04/21 at 10:00 AM EST)
