Canadian CPI and the FOMC minutes are the highlights
of the North American economic events, but with crude oil surging to new
record highs on Wednesday morning, the Department of Energy’s weekly oil
inventories are not to be ignored.
At 7 a.m. EDT, the U.S. Mortgage Bankers’ Association will release
mortgage applications for the week ending May 16. In the
previous week, applications were up 2.9% week-over-week…