• 
• See all for optionMONSTER
• View Print Version

• Manufacturing, China data on docket
• VIX and its futures rise as stocks fall
• Puts surge despite highs in First Solar

• XLE 75% Rate It
• XLF 0% Rate It

The Federal Reserve dominates today's economic calendar.

The central bank will announce monetary policy at 12:30 p.m. ET, followed by a press conference at 2:15 p.m. featuring Chairman Ben Bernanke. With interest rates expected to remain unchanged, attention will focus on the pace of asset purchases under the Fed's policy of so-called quantitative easing. Precious metals could be especially active on the release.

European industrial production will be released before the bell and could affect sentiment early in the session. At 7 a.m. ET the Mortgage Bankers Association will report weekly loan applications, and the Energy Department will publish oil inventories at 10:30 a.m. ET.

Two members of the Standard & Poor's index also release quarterly results before the market opens: Joy Global, which supplies equipment to coal miners, and warehouse retailer Costco.

Related Options Articles

• 
  Stocks End Tumultuous Day in the Red After Fed Minutes Halt Rally
  5/22/2013 04:19 PM
• 
  The Markets Are at All-time Highs: How to Proceed Cautiously
  5/22/2013 04:17 PM
• 
  American International Group Traders Eye Support
  5/22/2013 04:00 PM