Market Focus Wednesday November 16, 2016

Wednesday November 16, 2016
Market Focus
James Bullard Speaks 3:00 AM ET
MBA Mortgage Applications 7:00 AM ET 
Neel Kashkari Speaks 7:30 AM ET
PPI-FD 8:30 AM ET 
Industrial Production 9:15 AM ET 
Atlanta Fed Business Inflation Expectations 10:00 AM ET 

Housing Market Index 10:00 AM ET 

EIA Petroleum Status Report 10:30 AM ET 

Treasury International Capital 4:00 PM ET 
Patrick Harker Speaks 5:30 PM ET

Market Focus
Highlights November 16, 2016 Good news is expected to come out of the industrial production report where the manufacturing component, which has been flat all year, is expected to rise a solid 0.3 percent in the first definitive factory data for the month of October.

1. Global stocks mixed, S&P in sight of record closing high

2. Fed rate hike odds inch towards 100% as markets await Yellen

3. Dollar attacks 14-year high

4. U.S. bond yields continue to rise

5. Profit-taking in oil after 6% surge, crude inventories ahead