Classical Wednesday

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On the economic calendar:-
07:00 MBA Purchase Applications
08:30 Retail Sales (Consensus 0.5% v Prior 0.1%)
          Import Export Prices
10:00 Business Inventories (Consensus 0.5% v Prior 0.1%)
10:30 Petroleum Status Report
13:00 10 Year Note Auction
14:00 Treasury Budget
POMO:-
10:15 - 11:00 Outright Treasury Coupon Purchases up to $1.75 billion

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