Economic Data Scheduled For Wednesday

• The MBA's index of mortgage application activity for the latest week is scheduled for release at 7:00 a.m. ET.
• An advance report on U.S. international trade in goods for March will be released at 8:30 a.m. ET. The US goods deficit is projected to decline to $105.0 billion in March after deepening to $106.3 billion in February.
• Data on wholesale inventories for March will be released at 8:30 a.m. ET. Analysts expect wholesale inventories rising 1.4% in the advance report for March.
• The pending home sales index for March is scheduled for release at 10:00 a.m. ET. Pending home sales are expected to drop 1.1% in March.
• The State Street Investor Confidence Index for April will be released at 10:00 a.m. ET.
• The Energy Information Administration’s weekly report on petroleum inventories in the U.S. is scheduled for release at 10:30 a.m. ET.
• The survey of business uncertainty report for April will be released at 11:00 a.m. ET.
• The Treasury is set to auction 5-year notes at 1:00 p.m. ET.

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