Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
• At 8:30 AM, Housing Starts for April. The consensus is for 1.325 million SAAR, up from 1.319 million SAAR in March.
• At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for April. The consensus is for a 0.6% increase in Industrial Production, and for Capacity Utilization to decrease to 78.4%.
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