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Tuesday: NY Fed Mfg, Homebuilder Survey
Weekend: • Schedule for Week of February 16, 2025 Tuesday: • At 8:30 AM ET, The New York Fed Empire State manufacturing survey for February. The consensus is for a reading of -1.0, up from -12.6. • At 10:00 AM, The February NAHB homebuilder survey. The consensus is for a reading of 47, unchanged from 47 the previous month. Any number below 50 indicates that more builders view sales conditions as poor than good. From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 7 and DOW futures are down 75 (fair value). Oil prices were up over the last week with WTI futures at $71.39 per barrel and Brent at $75.29 per barrel. A year ago, WTI was at $80, and Brent was at $85 - so WTI oil prices are down about 11% year-over-year. Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.12 per gallon. A year ago, prices were at $3.26 per gallon, so gasoline prices are down $0.14 year-over-year.
Weekend:
• Schedule for Week of February 16, 2025
Tuesday:
• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for February. The consensus is for a reading of -1.0, up from -12.6.
• At 10:00 AM, The February NAHB homebuilder survey. The consensus is for a reading of 47, unchanged from 47 the previous month. Any number below 50 indicates that more builders view sales conditions as poor than good.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 7 and DOW futures are down 75 (fair value).
Oil prices were up over the last week with WTI futures at $71.39 per barrel and Brent at $75.29 per barrel. A year ago, WTI was at $80, and Brent was at $85 - so WTI oil prices are down about 11% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.12 per gallon. A year ago, prices were at $3.26 per gallon, so gasoline prices are down $0.14 year-over-year.
• Schedule for Week of February 16, 2025
Tuesday:
• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for February. The consensus is for a reading of -1.0, up from -12.6.
• At 10:00 AM, The February NAHB homebuilder survey. The consensus is for a reading of 47, unchanged from 47 the previous month. Any number below 50 indicates that more builders view sales conditions as poor than good.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 7 and DOW futures are down 75 (fair value).
Oil prices were up over the last week with WTI futures at $71.39 per barrel and Brent at $75.29 per barrel. A year ago, WTI was at $80, and Brent was at $85 - so WTI oil prices are down about 11% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.12 per gallon. A year ago, prices were at $3.26 per gallon, so gasoline prices are down $0.14 year-over-year.
