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US
0700 ET Weekly MBA mortgage applications, previous -0.4% to 387.1 with purchase sub-index -0.2% to 257.7 and refi sub-index -0.6% to 1098.4.
0830 ET Apr housing starts expected -0.7% to 1.310 million, Mar +1.9% to 1.319 million. Apr building permits expected -2.1% to 1.350 million, Mar +4.4% to 1.379 million.
0830 ET Atlanta Fed President Raphael Bostic (voter) gives an economic update at the August Cotton Exchange in Atlanta.
0915 ET Apr industrial production expected +0.6%, Mar +0.5%. Apr manufacturing production expected +0.5%, Mar +0.1%. Apr capacity utilization expected +0.4 to 78.4%, Mar +0.3 to 78.0%.
1030 ET EIA weekly Petroleum Status Report.
1730 ET St. Louis Fed President James Bullard (non-voter) speaks with media prior to delivering welcoming remarks at an event in St. Louis.
JPN
0030 ET Revised Japan Mar industrial production, prelim-Mar +1.2% m/m and +2.2% y/y.
1950 ET Japan Mar core machine orders expected -3.0% m/m and +0.3% y/y, Feb +2.1% m/m and +2.4% y/y.
GER
0200 ET Revised German Apr CPI (EU harmonized), prelim-Apr -0.1% m/m and +1.4% y/y.
ITA
0400 ET Italy Mar industrial sales, Feb +0.5% m/m and +3.4% y/y.
0400 ET Italy Mar industrial orders, Feb -0.6% m/m and +3.4% y/y.
EUR
0500 ET Revised Eurozone Apr CPI, prelim-Appr +1.3%. Revised Apr core CPI, prelim-Apr +0.7% y/y.
0800 ET ECB President Mario Draghi speaks at an event in Frankfurt.
CAN
0830 ET Canada Mar manufacturing sales expected +0.9% m/m, Feb +1.9% m/m.

Commodity Calendar - Wednesday 5/16/2018
Date Time Event Survey Prior
5/16/2018 10:30 DOE Total Fuel Ethanol Inventory 11-May -- 21964k
5/16/2018 10:30 DOE Fuel Ethanol Total Production 11-May -- 1040k
5/16/2018 10:30 DOE U.S. Crude Oil Inventories 11-May -- -2197k
5/16/2018 10:30 DOE Cushing OK Crude Inventory 11-May -- 1388k
5/16/2018 10:30 DOE U.S. Gasoline Inventories 11-May -- -2174k
5/16/2018 10:30 DOE U.S. Distillate Inventory 11-May -- -3791k
5/16/2018 10:30 DOE U.S. Refinery Utilization 11-May -- -0.70%
5/16/2018 10:30 DOE Crude Oil Implied Demand 11-May -- 18340
5/16/2018 10:30 DOE Gasoline Implied Demand 11-May -- 10355.7
5/16/2018 10:30 DOE Distillate Implied Demand 11-May -- 5662.6

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