Upcoming Economic Events on October 23, 2024

As traders approach another pivotal day for financial markets, critical decisions and economic data releases are expected. The focus will be on existing home sales and crude oil inventories, which provide insights into the U.S. housing market and energy sector.

Major Economic Events to Watch

• 10:00 AM ET – Existing Home Sales (Sep): Expected 3.88M, Previous 3.86M. This report gauges the strength of the U.S. housing market.

• 10:30 AM ET – EIA Crude Oil Inventories: Forecast 0.700M, Previous -2.191M. Influences petroleum product prices and can impact inflation.

Other Important Economic Events

• 9:00 AM ET – FOMC Member Bowman Speaks: Insights on future monetary policy.

• 10:00 AM ET – Existing Home Sales (MoM): Previous -2.5%. Measures change in existing residential sales.

• 10:30 AM ET – EIA Weekly Cushing Oil Inventories: Previous 0.108M. Important for U.S. crude oil benchmarks.

• 1:00 PM ET – 20-Year Bond Auction: Previous 4.039%. Indicates government debt situation.

• 2:00 PM ET – Beige Book: Insights into economic trends across 12 Federal districts.

Additional Economic Events

• 6:00 AM ET – IMF Meetings: Global economic discussions.

• 7:00 AM ET – MBA 30-Year Mortgage Rate: Previous 6.52%.

• 7:00 AM ET – MBA Mortgage Applications: Previous -17.0%.

• 7:00 AM ET – MBA Purchase Index: Previous 138.4.

• 7:00 AM ET – Mortgage Market Index: Previous 230.2.

• 7:00 AM ET – Mortgage Refinance Index: Previous 734.6.

• 10:30 AM ET – Gasoline Inventories: Forecast -1.600M, Previous -2.201M.

• 10:30 AM ET – EIA Weekly Distillates Stocks: Forecast -2.000M, Previous -3.534M.

• 10:30 AM ET – EIA Weekly Heatoil Stock: Previous -0.343M.

• 10:30 AM ET – EIA Weekly Crude Imports: Previous -1.039M.

• 10:30 AM ET – EIA Refinery Crude Runs: Previous 0.165M.

• 10:30 AM ET – EIA Weekly Refinery Utilization Rates: Previous 1.0%.

• 10:30 AM ET – EIA Weekly Gasoline Production: Previous -0.941M.

• 10:30 AM ET – EIA Weekly Distillate Fuel Production: Previous -0.234M.

• 12:00 PM ET – FOMC Member Barkin Speaks: Insights on future monetary policy.

For further information and the latest updates, please refer to our Economic Calendar.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.