Tuesday , September 28 2021
Home / Calculated Risk / Monday: New Home Sales

Monday: New Home Sales

Summary:
Weekend:• Schedule for Week of July 25, 2021• FOMC Preview: Probably Too Soon for Hints on TaperingMonday:• At 10:00 AM ET, New Home Sales for June from the Census Bureau. The consensus is for 800 thousand SAAR, up from 769 thousand in May.• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for July.From CNBC: Pre-Market Data and Bloomberg futures S&P 500 and DOW futures are mostly unchanged (fair value).Oil prices were up over the last week with WTI futures at .07 per barrel and Brent at .10 per barrel. A year ago, WTI was at , and Brent was at - so WTI oil prices are UP about 75% year-over-year (oil prices collapsed at the beginning of the pandemic). Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at .14 per gallon. A year

Topics:
Calculated Risk considers the following as important:

This could be interesting, too:

Calculated Risk writes Tuesday: Case-Shiller House Prices, Fed Chair Powell Testimony

Tyler Durden writes Senate Republicans Vote Down Pelosi’s Debt Ceiling Bill, As Expected

Tyler Durden writes Goldman Cuts China’s Q3 GDP Growth To 0% As A Result Of Growing Energy Crisis

Tyler Durden writes Misguided Petition Demanding Permanent Monthly ,000 Stimulus Checks Nears Huge Milestone

Weekend:
Schedule for Week of July 25, 2021

FOMC Preview: Probably Too Soon for Hints on Tapering

Monday:
• At 10:00 AM ET, New Home Sales for June from the Census Bureau. The consensus is for 800 thousand SAAR, up from 769 thousand in May.

• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for July.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 and DOW futures are mostly unchanged (fair value).

Oil prices were up over the last week with WTI futures at $72.07 per barrel and Brent at $74.10 per barrel. A year ago, WTI was at $41, and Brent was at $43 - so WTI oil prices are UP about 75% year-over-year (oil prices collapsed at the beginning of the pandemic).

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.14 per gallon. A year ago prices were at $2.15 per gallon, so gasoline prices are up $0.99 per gallon year-over-year.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.