Sunday, April 21, 2019

Monday: Existing Home Sales

by Calculated Risk on 4/21/2019 09:05:00 PM

Weekend:
Schedule for Week of April 21, 2019

Monday:
• At 8:30 AM ET, Chicago Fed National Activity Index for March. This is a composite index of other data.

• At 10:00 AM: Existing Home Sales for March from the National Association of Realtors (NAR). The consensus is for 5.30 million SAAR, down from 5.51 million. Housing economist Tom Lawler expects the NAR to report sales of 5.40 million SAAR for March.

From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are up 4 and DOW futures are up 40 (fair value).

Oil prices were up over the last week with WTI futures at $64.67 per barrel and Brent at $72.65 per barrel.  A year ago, WTI was at $68, and Brent was at $75 - so oil prices are down slightly year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.83 per gallon. A year ago prices were at $2.75 per gallon, so gasoline prices are up 8 cents per gallon year-over-year.