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Wednesday: Retail Sales, Homebuilder Survey

Summary:
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, Retail sales for September will be released.  The consensus is for a 0.3% increase in retail sales.• At 10:00 AM, The October NAHB homebuilder survey. The consensus is for a reading of  68, unchanged from 68 in September. Any number above 50 indicates that more builders view sales conditions as good than poor.

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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, Retail sales for September will be released.  The consensus is for a 0.3% increase in retail sales.

• At 10:00 AM, The October NAHB homebuilder survey. The consensus is for a reading of  68, unchanged from 68 in September. Any number above 50 indicates that more builders view sales conditions as good than poor.

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