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Monday, May 30, 2022

Tuesday: Case-Shiller House Prices, Chicago PMI, Dallas Fed Mfg

by Calculated Risk on 5/30/2022 09:03:00 PM

Schedule for Week of May 29, 2022

• At 9:00 AM ET, S&P/Case-Shiller House Price Index for March. The consensus is for a 20.0% year-over-year increase in the Comp 20 index for March.

• Also at 9:00 AM, FHFA House Price Index for March 2022. This was originally a GSE only repeat sales, however there is also an expanded index.

• At 9:45 AM, Chicago Purchasing Managers Index for May.

• At 10:00 AM, Dallas Fed Survey of Manufacturing Activity for May.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 9 and DOW futures are up 12 (fair value).

Oil prices were up over the last week with WTI futures at $116.53 per barrel and Brent at $121.15 per barrel. A year ago, WTI was at $66 and Brent was at $69 - so WTI oil prices are up 75% year-over-year.

Here is a graph from for nationwide gasoline prices. Nationally prices are at $4.59 per gallon. A year ago prices were at $3.04 per gallon, so gasoline prices are up $1.55 per gallon year-over-year.