As traders approach another pivotal day for financial markets on Wednesday, April 23, 2025, a series of crucial economic data releases that could sway market dynamics are expected. Key events include reports on building permits, manufacturing and services PMIs, new home sales, and the weekly EIA crude oil inventories.

Major Economic Events to Watch

• 8:30 AM ET - Building Permits (Mar): Forecast 1.482M, Previous 1.459M. Measures change in new building permits issued, indicating housing market demand.

• 9:45 AM ET - Manufacturing PMI (Apr): Forecast 49.0, Previous 50.2. Gauges manufacturing sector activity level.

• 9:45 AM ET - Services PMI (Apr): Forecast 52.8, Previous 54.4. Measures activity in the services sector.

• 10:00 AM ET - New Home Sales (Mar): Forecast 682K, Previous 676K. Indicates the number of new single-family homes sold.

• 10:30 AM ET - EIA Crude Oil Inventories: Previous 0.515M. Shows weekly change in commercial crude oil stocks.

Other Important Economic Events to Watch

• 8:30 AM ET - Building Permits (MoM) (Mar): Forecast 1.6%, Previous -1.0%. Percentage change in building permits issued.

• 9:00 AM ET - Fed Goolsbee Speaks: Federal Reserve official’s speech may provide insights on monetary policy.

• 9:30 AM ET - Fed Waller Speaks: Another Federal Reserve official’s speech on economic outlook.

• 9:45 AM ET - S&P Global Composite PMI (Apr): Previous 53.5. Combines manufacturing and services sector activity.

• 10:00 AM ET - New Home Sales (MoM) (Mar): Previous 1.8%. Percentage change in new home sales.

• 10:30 AM ET - EIA Weekly Cushing Oil Inventories: Previous -0.654M. Crude oil storage levels at key delivery point.

• 1:00 PM ET - 5-Year Note Auction: Previous 4.100%. Treasury note auction yield indicates government borrowing costs.

• 2:00 PM ET - Beige Book: Federal Reserve’s report on current economic conditions across 12 U.S. districts.

Other Economic Events to Watch

• 5:00 AM ET - IMF Meetings: Annual meetings discussing global economic issues and development.

• 7:00 AM ET - MBA 30-Year Mortgage Rate: Previous 6.81%. Fixed 30-year mortgage lending rates.

• 7:00 AM ET - MBA Mortgage Applications: Previous -8.5%. Change in new mortgage application volume.

• 7:00 AM ET - MBA Purchase Index: Previous 164.2. Indicator of impending home sales.

• 7:00 AM ET - Mortgage Market Index: Previous 267.5. Covers all mortgage applications during the week.

• 7:00 AM ET - Mortgage Refinance Index: Previous 841.9. Gauge of mortgage refinancing activity.

• 10:30 AM ET - Gasoline Inventories: Previous -1.958M. Change in commercial gasoline stocks.

• 10:30 AM ET - EIA Refinery Crude Runs: Previous -0.063M. Amount of crude processed by refineries.

• 10:30 AM ET - EIA Weekly Crude Imports: Previous -2.044M. Volume of crude oil imported.

• 10:30 AM ET - EIA Weekly Distillates Stocks: Previous -1.851M. Inventory levels of distillate fuels.

• 10:30 AM ET - EIA Weekly Distillate Fuel Production: Previous 0.030M. Production of distillate fuels.

• 10:30 AM ET - EIA Weekly Gasoline Production: Previous 0.466M. Production of gasoline.

• 10:30 AM ET - EIA Weekly Heatoil Stock: Previous 0.019M. Inventory levels of heating oil .

• 10:30 AM ET - EIA Weekly Refinery Utilization Rates: Previous -0.4%. Percentage of refinery capacity in use.

For further information and the latest updates, please refer to our Economic Calendar, here .

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.