Earnings of Note
Company/Estimate
After the Close:
Economic Releases 8:30 am EST
- The PPI Final Demand MoM for May is estimated to fall -.1% versus a +.2% gain in April.
- The PPI Ex Food and Energy MoM for May is estimated to rise +.2% versus a +.2% gain in April.
- The PPI Final Demand YoY for May is estimated to rise +1.5% versus a +2.3% gain in April.
10:30 am EST
- Bloomberg
consensus estimates call for a weekly crude oil inventory decline of
-1,112,000 barrels versus a -452,000 barrel decline the prior week.
Gasoline supplies are estimated to rise by +1,019,000 barrels versus a
+2,745,000 barrel gain the prior week. Distillate inventories are
estimated to rise by +2,022,170 barrels versus a +5,074,000 barrel gain
the prior week. Finally, Refinery utilization is estimated to fall by
-.02% versus a +2.7% gain prior.
2:00 pm EST
- The FOMC is expected to leave the benchmark Fed Funds Rate at 5.0-5.25%.
Upcoming Splits
Other Potential Market Movers
- The
FOMC Press Conference/Projections, Eurozone CPI report, weekly MBA
Mortgage Applications report, Cantor Fitzgerald Mobility &
Industrial Tech Conference and the (BLK) investor day could
also impact global trading tomorrow.
US Equity Market Hours