Headlines The Economic Calendar on Wednesday
In US, Existing-Home Sales will be released today. It measures monthly sales of previously owned single-family homes and is expected to fall by 0.5% m/m in May. Contraction was 2.3% a month ago. Though it is a second tier data in terms of predictive power, it would be considered negative for US, in case it posts a weak performance as indicated by consensus estimate.
Crude oil stocks today to be announced and it is expected to declined by 2.10 M this week. It may be important for oil prices which tumbled within the week. Note that oil stocks declined by 1.66 M barrels in last week
21 Jun 17 (Wed)
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