Economic Events on December 12, 2012

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

At 8:30 AM Eastern time, the Import and Export Prices index for October will be released, providing some data that can be used to monitor the threat of inflation.

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

At 12:30 PM Eastern time, the FOMC Meeting Announcement will be released, which will provide insight into how the Federal Reserve board governors and bank presidents view the economy.

At 2:00 PM Eastern time, the Treasury budget for November will be released, providing an account of the federal government’s budget surplus or deficit for that month.

At 2:15 AM Eastern time, Federal Reserve Chairman Ben Bernanke will hold a press conference to discuss the FOMC Meeting Announcement.

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