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Mortgage, oil reports on light calendar

By optionMONSTER,  January 09, 2013, 02:47:05 AM EDT

Today's economic calendar is uneventful, with little market-moving data scheduled.

The only U.S. reports on tap involve home mortgages and oil inventories. The Mortgage Bankers Association will release its weekly applications data at 7 a.m. ET, while the Energy Department will announce crude-oil supply levels at 10:30 a.m. ET. Neither is likely to have a big impact on sentiment.

In the overnight session, the Eurozone will release quarterly gross domestic product and Germany will report industrial production. Those headlines could affect risk appetite.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Options

Referenced Stocks: USO, XHB, XLF



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