• Schedule for Week of Jan 28, 2018
Monday:
• At 8:30 AM ET, Personal Income and Outlays for December. The consensus is for a 0.3% increase in personal income, and for a 0.5% increase in personal spending. And for the Core PCE price index to increase 0.2%.
• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for January. This is the last of the regional surveys for January.
From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are up 2, and DOW futures are up 50 (fair value).
Oil prices were up over the last week with WTI futures at $66.24 per barrel and Brent at $60.47 per barrel. A year ago, WTI was at $53, and Brent was at $55 - so oil prices are up solidly year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.57 per gallon. A year ago prices were at $2.27 per gallon - so gasoline prices are up 30 cents per gallon year-over-year.
from Calculated Risk http://ift.tt/2Ejsdvt
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