Sunday, June 29, 2014

Monday: Chicago PMI, Pending Home Sales

by Bill McBride on 6/29/2014 09:00:00 PM

Monday:
• At 9:45 AM ET, the Chicago Purchasing Managers Index for June. The consensus is for a decrease to 64.0, down from 65.5 in May.

• At 10:00 AM, the Pending Home Sales Index for May. The consensus is for a 1% increase in the index.

• At 10:30 AM, the Dallas Fed Manufacturing Survey for June. This is the last of the regional Fed manufacturing surveys for June.

Weekend:
Demographics: Prime and Near-Prime Population and Labor Force
Schedule for Week of June 29th

From CNBC: Pre-Market Data and Bloomberg futures: the S&P futures are down slightly and DOW futures are down 11 (fair value).

Oil prices moved down slightly over the last week with WTI futures at $105.45 per barrel and Brent at $113.10 per barrel.

Below is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are around $3.68 per gallon, up about 20 cents from a year ago. If you click on "show crude oil prices", the graph displays oil prices for WTI, not Brent; gasoline prices in most of the U.S. are impacted more by Brent prices.



Orange County Historical Gas Price Charts Provided by GasBuddy.com