Sunday, April 28, 2019

Sunday Night Futures

by Calculated Risk on 4/28/2019 07:04:00 PM

Weekend:
Schedule for Week of April 28, 2019

Monday:
• 8:30 AM ET, Personal Income and Outlays, March 2019. The consensus is for a 0.4% increase in personal income, and for a 0.7% increase in personal spending. And for the Core PCE price index to increase 0.1%.

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

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

Oil prices were mixed over the last week with WTI futures at $62.87 per barrel and Brent at $71.63 per barrel.  A year ago, WTI was at $68, and Brent was at $76 - so oil prices are down 5% to 10% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.89 per gallon. A year ago prices were at $2.80 per gallon, so gasoline prices are up 9 cents per gallon year-over-year.