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 October will be released at 8:15 a.m. ET. Analysts expect private payrolls increasing 400,000 in October, following a 568,000 rise in the previous month.
US Services Purchasing Managers' Index for October is scheduled for release at 9:45 a.m. ET. The services PMI re-accelerated to 58.2 in October after slowing down in the recent period. Analysts expect the final reading for October to remain unchanged.
Data on factory orders for September will be released at 10:00 a.m. ET. Factory orders are likely to rise 0.1% in September.
The ISM's services index for October is scheduled for release at 10:00 a.m. ET. Analysts expect the ISM's services index to come in at 61.9 in October, unchanged from the previous reading of 61.9.
The Energy Information Administration’s weekly report on petroleum inventories in the U.S. will be released at 10:30 a.m. ET.
The Federal Reserve will announce its policy decision at 2:00 p.m. ET.
The Fed Chairman Jerome Powell will hold a press conference at 2:30 p.m. ET.