by Calculated Risk on 8/29/2021 06:46:00 PM
o Schedule for Week of August 29, 2021
o At 10:00 AM ET, Pending Home Sales Index for July. The consensus is for a 0.4% increase in the index.
o At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for August. This is the last of the regional Fed manufacturing surveys for August.
Oil prices were up over the last week with WTI futures at $69.33 per barrel and Brent at $73.42 per barrel. A year ago, WTI was at $43, and Brent was at $45 – so WTI oil prices are UP about 60% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.13 per gallon. A year ago prices were at $2.22 per gallon, so gasoline prices are up $0.91 per gallon year-over-year.