Pending Home Sales increased 3.5% to 92.2, against expectations of a 1.5% increase. The Pending Home Sales Index had increased 10.4% in October to an index value of 89.1, following a 1.8% decrease in September. The index was 5.0% lower than November 2009, when it was at 97.0.
Crude inventories decreased by 1.3 million barrels, for the week ending December 24, from the previous week to 339.4 million barrels and were above the upper limit of the average range for this time of year. U.S. crude oil refinery inputs averaged 14.9 million barrels per day during this period, 3 thousand barrels per day above the previous week’s average. U.S. crude oil imports were averaging 8.8 million barrels per day, up by 72 thousand barrels per day from the previous week.
Upcoming Releases
Non Farm Productivity (12/03 at 8:30 AM EST)
ISM Manufacturing Index (12/03 at 10:00 AM EST)
Factory Orders (01/04 at 10:00 AM EST)
ISM Services Index (01/05 at 10:00 AM EST)
ISM Manufacturing Index (12/03 at 10:00 AM EST)
Factory Orders (01/04 at 10:00 AM EST)
ISM Services Index (01/05 at 10:00 AM EST)
