Economic Events on December 8, 2010

The Mortgage Bankers’ Association purchase index was released at 7:00 AM EST, and there was a week to week increase of 1.8% in the Purchase Index and a week to week decrease of 1.4% in the Refinance Index as interest rates continued to move up from near record lows.

At 10:00 AM EST, the Quarterly Services Survey will be released, showing the status of the information and technology-related service industries.

At 10:30 AM EST, the weekly Energy Information Administration Petroleum Status Report will be released, giving investors an update on oil inventories in the United States.

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