Economic Events on October 20, 2010

The Mortgage Bankers’ Association purchase index was released at 7:00 AM EDT, and there was a week to week decrease of 6.7% in the Purchase Index and a week to week decrease of 11.2% in the Refinance Index.

At 11:00 AM EDT, the weekly Energy Information Administration Petroleum Status Report will be released, giving investors an update on oil inventories in the United States.

At 2:00 PM EDT, the Beige Book report will be released, giving us more information about economic conditions in each Federal Reserve district in advance of the next Fed meeting.

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