Wholesale Inventories, Oil Inventories Reports Due

The Commerce Department is due to release its report on wholesale inventories in the month of March at 10 am ET. Wholesale inventories are expected to decrease by 0.4 percent.

At 10:30 am ET, the Energy Information Administration is scheduled to release its report on oil inventories in the week ended May 3rd.

Crude oil inventories are expected to decrease by 1.4 million barrels after surging by 7.3 million barrels in the previous week.

Federal Reserve Vice Chair Philip Jefferson is due to participate in a virtual moderated discussion before an “Exploring Careers in Economics” event hosted by the Fed at 11 am ET.

At 11:45 am ET, Boston Federal Reserve President Susan Collins is set to speak before students and faculty and participate in a fireside discussion before the Massachusetts Institute of Technology Sloan School of Management’s Challenges and Opportunities class.

The Treasury Department is scheduled to announce the results of this month’s auction of $42 billion worth of ten-year notes at 1 pm ET.

At 1:30 pm ET, Federal Reserve Board Governor Lisa Cook is due to speak on “Financial Stability” before an event hosted by the Brookings Institution.


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