Crude Inventories

Crude inventories were larger than expected due to falling demand of oil. 3857k of crude prior period verses 4053k today's level.

Read the story here at Yahoo! Finance.

1st Quarter GDP

GDP for the first quarter came out this morning with the economy contracting -6.1% verses the -4.7% the market was expecting and -6.3% the prior quarter.

Read the entire story here at Yahoo! Finance.

Consumer Confidence for April- Better Than Expected

The Consumer Confidence report came out this morning with better than expected numbers with a 12 point jump verses the prior month of 26.9 (revised number for March) to 39.2.

Read the entire story here at Yahoo! Finance.

Consumer Confidence

On tuesday, April 28th, Consumer Confidence reports at the early morning for the month of April. The market expects 28.8; prior number was 26.0.

Consumer Confidence is a monthly survey of 5000 households which give indication of buying patterns and a mild indication of economic health.

Economic Calendar of Week Ending 05/01/2009

This weeks economic calendar for weekending 05/01/2009 has some important indicators being released this week.

You can check out the economic calendar for weekending 05/01/2009 here at Yahoo! Finance.