Economic Events on June 29, 2011

The Mortgage Bankers’ Association purchase index will be released at 7:00 AM EDT, providing an update on the quantity of new mortgages and refinancings closed in the last week.

At 10:00 AM EDT, the value of the pending home sales index for May will be announced.

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 May will be released, giving investors and economists an indication of the direction of food prices in the coming months.

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