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Sunday, October 28, 2018

Monday: Personal Income and Outlays, Dallas Fed Mfg

by Calculated Risk on 10/28/2018 07:58:00 PM

Schedule for Week of October 28, 2018

• At 8:30 AM ET, Personal Income and Outlays for September. The consensus is for a 0.4% increase in personal income, and for a 0.4% increase in personal spending. And for the Core PCE price index to increase 0.1%.

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

From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are up 18 and DOW futures are up 144 (fair value).

Oil prices were down over the last week with WTI futures at $67.69 per barrel and Brent at $77.79 per barrel.  A year ago, WTI was at $54, and Brent was at $61 - so oil prices are up about 25% year-over-year.

Here is a graph from for nationwide gasoline prices. Nationally prices are at $2.81 per gallon. A year ago prices were at $2.45 per gallon, so gasoline prices are up 36 cents per gallon year-over-year.