As traders approach another pivotal day for financial markets on Wednesday, February 26, 2025, a series of crucial economic data releases that could sway market dynamics are expected. Building permits, new home sales, and crude oil inventories are among the key reports set to shape investor sentiment and potentially influence Federal Reserve policy decisions.
Major Economic Events to Watch
• 8:00 AM ET: Building Permits (Feb) - Forecast: 1.483M, Previous: 1.482M. Measures change in new building permits issued, indicating housing market demand.
• 10:00 AM ET: New Home Sales (Jan) - Forecast: 677K, Previous: 698K. Tracks annualized number of new single-family homes sold, a key housing market indicator.
• 10:00 AM ET: EIA Crude Oil Inventories - Forecast: 2.340M, Previous: 4.633M. Measures weekly change in commercial crude oil barrels held by US firms, impacting oil prices.
Other Important Economic Events to Watch
• 8:00 AM ET: Building Permits (MoM) (Jan) - Forecast: 0.1%, Previous: -0.7%. Percentage change in building permits issued.
• 10:00 AM ET: New Home Sales (MoM) (Jan) - Previous: 3.6%. Percentage change in new home sales.
• 10:00 AM ET: EIA Weekly Cushing Oil Inventories - Previous: 1.472M. Tracks crude oil storage levels at Cushing, Oklahoma.
• 12:00 PM ET: FOMC Member Bostic Speaks. Atlanta Fed President's remarks may offer insights into monetary policy.
• 1:00 PM ET: 7-Year Note Auction - Previous: 4.457%. Treasury note auction yield indicates government borrowing costs.
Other Economic Events to Watch
• 7:00 AM ET: MBA 30-Year Mortgage Rate - Previous: 6.93%. Fixed 30-year mortgage lending rates for 80% loan-to-value mortgages.
• 7:00 AM ET: MBA Mortgage Applications - Previous: -6.6%. Change in new mortgage applications.
• 7:00 AM ET: MBA Purchase Index - Previous: 144.0. Tracks mortgage applications for home purchases.
• 7:00 AM ET: Mortgage Market Index - Previous: 214.9. Covers all mortgage applications during the week.
• 7:00 AM ET: Mortgage Refinance Index - Previous: 593.6. Gauge of mortgage refinancing activity.
• 8:30 AM ET: FOMC Member Barkin Speaks. Richmond Fed President may offer monetary policy insights.
• 10:00 AM ET: EIA Weekly Refinery Utilization Rates - Previous: -0.1%. Tracks refinery activity.
• 10:00 AM ET: EIA Weekly Heatoil Stock - Previous: -0.343M. Measures heating oil inventory changes.
• 10:00 AM ET: EIA Weekly Distillate Fuel Production - Previous: 0.180M. Tracks distillate fuel production.
• 10:00 AM ET: EIA Weekly Gasoline Production - Previous: -0.156M. Measures gasoline production changes.
• 10:00 AM ET: EIA Refinery Crude Runs - Previous: -0.015M. Tracks crude oil processed by refineries.
• 10:00 AM ET: Gasoline Inventories - Forecast: -0.950M, Previous: -0.151M. Measures change in gasoline stocks.
• 10:00 AM ET: EIA Weekly Crude Imports - Previous: -0.961M. Tracks crude oil import levels.
• 10:00 AM ET: EIA Weekly Distillates Stocks - Forecast: 0.030M, Previous: -2.051M. Measures distillate fuel inventory changes.
For further information and the latest updates, please refer to our Economic Calendar, here .
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