Thursday, December 26, 2024

Tomorrow's Earnings/Economic Releases of Note; Market Movers

Earnings of Note 
Company/Estimate 

Before the Open:
  • None of note
After the Close: 
  • None of note
Economic Releases

8:30 am EST

  • The Advance Goods Trade Balance for Nov. is estimated at -$101.2B versus -$99.1B in Oct.
  • Wholesale Inventories MoM for Nov. is estimated to rise +.1% versus a +.2% gain in Oct.
  • Retail Inventories MoM for Nov. is estimated to rise +.3% versus a +.1% gain in Oct.

1:00 pm EST

  • Bloomberg consensus estimates call for a weekly crude oil inventory decline of -740,000 barrels versus a -934,000 barrel decline the prior week. Gasoline supplies are estimated to fall by -628,000 barrels versus a +2,348,000 barrel gain the prior week. Distillate inventories are estimated to fall by -348,000 barrels versus a -3,180,000 barrel decline the prior week. Finally, Refinery Utilization is estimated to fall by -.02% versus a -.6% decline prior.

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The weekly EIA natural gas inventory report, weekly US Baker Hughes rig count and the weekly CFTC speculative positioning reports could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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