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.
The ADP national employment report for April will be released at 8:15 a.m. ET. Analysts expect an addition of 763,000 in private payrolls for April following a 517,000 rise in the previous month.
Federal Reserve Bank of Chicago President Charles Evans is set to speak at 9:30 a.m. ET.
US Services Purchasing Managers' Index for April is scheduled for release at 9:45 a.m. ET. The services index is expected to further accelerate to 63.1 in April from prior reading of 60.4.
The ISM's services index for April will be released at 10:00 a.m. ET. The ISM index is likely to increase to 64.2 in April from 63.7 in March.
The Energy Information Administration’s weekly report on petroleum inventories in the U.S. is scheduled for release at 10:30 a.m. ET.
Federal Reserve Bank of Boston President Eric Rosengren will speak at 11:00 a.m. ET.
Federal Reserve Bank of Cleveland President Loretta Master is set to speak at 12:00 p.m. ET.
Federal Reserve Bank of Chicago President Charles Evans will speak at 3:00 p.m. ET.