The US and Canada trade data for December will be released at 8:30 AM ET:
- US international trade deficit is expected at $-62.2 billion versus $-63.2 billion last month.
- Canada trade balance is expected to show a surplus of C$1.1 billion versus C$1.57 billion last month. Export last month came in at 65.74 billion month imports a minute 64.17 billion
At 10:30 AM, the weekly oil inventory data will be released. Late yesterday, the private data showed:
- Crude: +0.674M
- Cushing: +0.492M
- Gasoline: +3.652M
- Distillate: -3.699M
The expectations of today are for:
- Crude oil a build of 1.895 million barrels
- Gasoline a build of 0.140 million barrels
- Distilates a drawdown of -1.000M barrels
