CPI, crude oil inventories and core inflation data are available Wednesday from Investing.com

As traders approach another pivotal day for financial markets, Wednesday, September 11, 2024, a number of crucial decisions and economic data are expected that could influence market dynamics. The Consumer Price Index (CPI), Core CPI and EIA Crude Oil Inventories are among the key economic indicators to be released that can influence market sentiment and the Federal Reserve’s policy decisions.

Major economic events to watch

• 8:30 a.m. ET – CPI (August): 0.2% est., 0.2% previously. It measures changes in consumer prices, a key indicator of inflation.

• 8:30 AM ET – CPI (YoY) (Aug): Estimated 2.6%, previously 2.9%. Annual change in consumer prices.

• 8:30 a.m. ET – Core CPI (August): Estimated 0.2%, previously 0.2%. It measures changes in prices, excluding food and energy.

• 10:30 AM ET – EIA crude oil inventories: previous -6.873 million. Weekly change in trade stocks.

Other important economic events to watch

• 8:30 AM ET – Core CPI (YoY) (Aug): Estimated 3.2%, previously 3.2%. Annual change in basic consumer prices.

• 10:30 a.m. ET – EIA Cushing Oil Weekly Inventories: Previous -1.142 million. Change in crude oil inventories at the key delivery point.

• 1:00 PM ET – 10-Year Note Auction: Previous 3.960%. Auction yield.

Other economic events to watch

• 7:00 AM ET – 30-Year MBA Mortgage Rate: Previous 6.43%. Average 30-year fixed mortgage rate.

• 7:00 AM ET – MBA mortgage applications: 1.6% previous. Weekly change in the volume of mortgage loan applications.

• 7:00 AM ET – MBA Buy Index: 136.1 previously. Index of mortgage loan applications for the purchase of housing.

• 7:00 AM ET – Mortgage Market Index: 230.5 previously. General index of mortgage application activity.

• 7:00 AM ET – Mortgage Refinance Index: 751.4 previously. Index of mortgage refinancing activity.

• 08:30 ET – CPI index, nsa: expected 314.98, previously 314.54. Non-seasonally adjusted consumer price index.

• 8:30 a.m. ET – Core CPI: 318.87 previously. Consumer price index excluding food and energy.

• 08:30 ET – CPI, nsa: 0.12% previous. Non-seasonally adjusted monthly change in consumer prices.

• 8:30AM ET – Real Gains: Previous -0.2%. Inflation-adjusted earnings data.

• 8:30 AM ET – CPI Index, sa: 313.53 previous. Seasonally adjusted consumer price index.

• 10:30 a.m. ET – EIA weekly distillate production: 0.167 million previous. Weekly change in distillate fuel production.

• 10:30 a.m. ET – EIA weekly refinery utilization rates: 1.0% previously. Percentage of refinery operable capacity utilized.

• 10:30 a.m. ET – Heatoil weekly stock EIA: 0.939M previously. Weekly inventory change.

• 10:30 AM ET – EIA Weekly Crude Oil Imports: Previous -0.853M. Weekly change in crude oil imports.

• 10:30 AM ET – EIA Refinery Crude Runs: Previous 0.036M. Weekly change in crude oil processed by refiners.

• 10:30 a.m. ET – EIA weekly gasoline production: 0.136 million previous. Weekly change in gasoline production.

• 10:30 a.m. ET – Gasoline inventories: 0.848 million previous. Weekly change in gasoline stocks.

• 10:30AM ET – EIA weekly distillate inventories: -0.371M previous. Weekly change in distillate fuel stocks.

• 11:00 AM ET – Cleveland CPI: 0.3%. Consumer Price Index for the Cleveland Metropolitan Area.

• 11:00 a.m. ET – Thomson Reuters (NYSE: ) IPSOS PCSI: Previous 55.27. Consumer Sentiment Index.

For more information and the latest updates, please see our Economic Calendar here https://www.investing.com/economic-calendar/

This article was generated with support from AI and reviewed by an editor. For more information, see T&C.