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Sunday, January 26, 2020

Monday: New Home Sales

by Calculated Risk on 1/26/2020 08:04:00 PM

Schedule for Week of January 26, 2020

• At 10:00 AM ET, New Home Sales for December from the Census Bureau. The consensus is for 730 thousand SAAR, up from 719 thousand in November.

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

From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are down 49 and DOW futures are down 235 (fair value).

Oil prices were down over the last week with WTI futures at $52.87 per barrel and Brent at $59.40 barrel.  A year ago, WTI was at $52, and Brent was at $59 - so oil prices are mostly unchanged year-over-year.

Here is a graph from for nationwide gasoline prices. Nationally prices are at $2.51 per gallon. A year ago prices were at $2.26 per gallon, so gasoline prices are up 25 cents per gallon year-over-year.