Day Day Up 05-16-2012

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Wednesday's Calendar

7:00 a.m.
May 11 MBA Weekly Mortgage Applications Survey Market Composite Index (previous 710.4), Cur Chg (previous +1.7%), Purchase Index (S.A.) (previous 197.1), Cur Chg (previous +3.4%), Refinance Index (previous 3734.8), Cur Chg (previous +1.3%)

8:30 a.m.
Apr New Residential Construction - Housing Starts and Building Permits Total Starts (expected 685K), Starts Percent Change (expected +4.7%), Building Permits (expected 730K0, Building Permits Percent Change (expected -4.5%)

9:15 a.m.
Apr Industrial Production & Capacity Utilization Industrial Production (expected +0.6%), Capacity Utilization (expected 79), Capacity Utilization Net Change (previous -0.1)

10:30 a.m.
May 11 EIA Weekly Petroleum Status Report Crude Oil Stocks (previous 379.52M), (Net Change) (expected +1M), Gasoline Stocks (previous 207.11M), (Net Change) (expected -0.1M), Distillate Stocks (previous 120.77M), (Net Change) (expected +0.1M), Refinery Usage (expected 86.8%), Total Products Supplied (previous 18.6M), (Net Change) (previous +0.06M)

11:15 a.m.
Economic Club of Washington - Outgoing World Bank President Zoellick at Economic Club of Washington

12:30 p.m.
Federal Reserve Bank of St. Louis - St. Louis Fed President James Bullard speaks at 'Dialogue with the Fed' event

2:00 p.m.
Federal Reserve Board - Federal Open Market Committee meeting minutes and economic forecast

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