U.S. pending home sales and crude oil inventories reports expected to show housing gains and oil stock drawdowns

The National Association of Realtors is due to release its report on pending home sales in the month of November at 10 am ET. Pending home sales are expected to increase by 0.8 percent in November after jumping by 1.9 percent in October.

At 10:30 am ET, the Energy Information Administration is scheduled to release its report on crude oil inventories in the week ended December 19th. Crude oil inventories are expected to decrease by 2.6 million barrels after falling by 1.3 million barrels in the previous week.


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