As traders approach another pivotal day for financial markets on Wednesday, January 22, 2025, a series of crucial economic data releases that could sway market dynamics are expected. The spotlight will be on the 20-year bond auction and the API Weekly Crude Stock report, both of which have the potential to influence Treasury yields and oil prices, respectively.

Major Economic Events to Watch

• 1:00 PM ET: 20-Year Bond Auction - Treasury to sell long-term debt, previous yield at 4.686%

• 4:30 PM ET: API Weekly Crude Stock - Key indicator of U.S. oil demand, previous reading at -2.600M barrels

Other Important Economic Events to Watch

Other Economic Events to Watch

• 7:00 AM ET: MBA Mortgage Applications - Measures change in mortgage application volume, previous at 33.3%

• 7:00 AM ET: MBA 30-Year Mortgage Rate - Fixed 30-year mortgage lending rates, previous at 7.09%

• 7:00 AM ET: MBA Purchase Index - Indicator of home sales, previous at 162.0

• 7:00 AM ET: Mortgage Market Index - Covers all mortgage applications, previous at 224.4

• 7:00 AM ET: Mortgage Refinance Index - Gauge of mortgage refinancing activity, previous at 575.6

• 8:55 AM ET: Redbook - Year-over-year same-store sales growth, previous at 4.0%

• 10:00 AM ET: US Leading Index - Composite of economic indicators, forecast at -0.1%, previous at 0.3%

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

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