As traders approach another pivotal day for financial markets, Wednesday, April 9, 2025, brings a series of crucial decisions and economic data releases that could sway market dynamics. The spotlight falls on the Federal Open Market Committee (FOMC) Meeting Minutes and the Energy Information Administration’s (EIA) Crude Oil Inventories report, both of which have the potential to significantly impact market sentiment and asset prices.

Major Economic Events to Watch:

• 10:30 AM ET - EIA Crude Oil Inventories (Previous: 6.165M): Weekly change in commercial crude oil barrels held by US firms, influencing petroleum prices and inflation.

• 2:00 PM ET - FOMC Meeting Minutes: Detailed record of the committee’s policy-setting meeting, offering insights into the Fed’s stance on monetary policy.

Other Important Economic Events to Watch:

• 10:30 AM ET - EIA Weekly Cushing Oil Inventories (Previous: 2.373M): Change in crude oil barrels stored at Cushing, Oklahoma, a key delivery point for US oil benchmark.

• 1:00 PM ET - 10-Year Note Auction (Previous: 4.310%): Treasury note auction yield, indicating government debt situation and investor demand.

Other Economic Events to Watch:

• 7:00 AM ET - MBA Mortgage Applications (Previous: -1.6%): Change in new mortgage applications, indicating housing market health.

• 7:00 AM ET - MBA 30-Year Mortgage Rate (Previous: 6.70%): Fixed 30-year mortgage lending rates for 80% loan-to-value mortgages.

• 7:00 AM ET - MBA Purchase Index (Previous: 158.2): Index of mortgage applications for single-family home purchases.

• 7:00 AM ET - Mortgage Market Index (Previous: 243.6): Covers all mortgage applications during the week.

• 7:00 AM ET - Mortgage Refinance Index (Previous: 710.4): Gauge of mortgage refinancing activity.

• 10:00 AM ET - Wholesale Trade Sales (Previous: -1.3%): Change in total value of sales at the wholesale level.

• 10:00 AM ET - Wholesale Inventories (Forecast: 0.3%, Previous: 0.3%): Change in total value of goods held in inventory by wholesalers.

• 10:30 AM ET - EIA Refinery Crude Runs (Previous: -0.192M): Weekly change in crude oil processed by refineries.

• 10:30 AM ET - Gasoline Inventories (Previous: -1.551M): Change in commercial gasoline barrels held in inventory.

• 10:30 AM ET - EIA Weekly Refinery Utilization Rates (Previous: -1.0%): Percentage of operable refinery capacity utilized.

• 10:30 AM ET - EIA Weekly Distillate Fuel Production (Previous: 0.164M): Weekly production of distillate fuel.

• 10:30 AM ET - EIA Weekly Gasoline Production (Previous: 0.062M): Weekly production of gasoline.

• 10:30 AM ET - EIA Weekly Distillates Stocks (Previous: 0.264M): Inventory levels of distillates.

• 10:30 AM ET - EIA Weekly Heatoil Stock (Previous: 0.209M): Inventory levels of heating oil .

• 10:30 AM ET - EIA Weekly Crude Imports (Previous: 0.999M): Weekly crude oil import levels.

• 11:00 AM ET - Thomson Reuters (NYSE: TRI ) IPSOS PCSI (Previous: 54.02): Consumer sentiment index based on 11 questions.

• 12:30 PM ET - FOMC Member Barkin Speaks: Public engagement by Richmond Fed President Thomas Barkin.

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.