Stocks have been run down and industrial production has perked up.

ECONOMIST: THE KOREAS

The U.S. data includes the weekly MBA mortgage applications survey, the consumer price index, the Empire State manufacturing survey, real earnings, Treasury international capital data, industrial production and capacity utilization, the NAHB housing market index and the weekly DOE energy stocks report.

FORBES: Comex Gold, Silver Lower as "Outside Markets" Bearish

U.S. economic data due for release Wednesday includes the weekly MBA mortgage applications survey, the consumer price index, real earnings, Treasury international capital flows, industrial production and capacity utilization, the NAHB housing market index and the weekly DOE energy stocks report.

FORBES: Comex Gold Down On Stronger U.S. Dollar Index, Weaker Commodity Sector