Economic Events on March 30, 2011

The Mortgage Bankers’ Association purchase index was released at 7:00 AM EDT, and there was a week to week decrease of 1.7% in the Purchase Index and a week to week decrease of 10.1% in the Refinance Index.

The Challenger Job-Cut Report will be released at 7:30 AM EDT, providing an estimate of the number of layoffs in February.

At 8:15 AM EDT, the ADP Employment Report will be released.  Investors will be watching this number to get advance notice on the state of the job market in advance of the government’s report on Friday.

At 10:30 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 3:00 PM EDT, the Farm Prices report for February will be released, giving investors and economists an indication of the direction of food prices in the coming months.

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