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 7.7% in the Refinance Index.
At 8:30 AM EDT, the Retail Sales report for March will be released. The consensus is that retail sales increased 0.5% , after a 1.0% increase last month.
At 10:00 AM EDT, the Business Inventories report for February will be released. The consensus is that inventories increased 0.8% from the previous month.
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 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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