NAHB Housing Research, NY Fed Mfg

To Estimated risk per 16.04.2023 18:52:00

Weekend:
Schedule for the week of April 16, 2023

Monday:
• At 8:30 AM ET, the Federal Reserve Bank of New York Empire State Manufacturing Sector Survey for April. The consensus suggests a value of -18.0 compared to -24.6.

• At 10:00 am April NAHB Home Builders Survey. The general consensus is that the score is 45, not 44. Any number below 50 indicates that more builders are finding sales conditions worse than good.

From CNBC: presale date And Futures on Bloomberg The S&P 500 is up 8 and DOW futures are up 50 (fair value).

Oil prices rose last week WTI futures at $82.52 per barrel and Brent at $86.31 per barrel. A year ago, WTI was worth $107 and Brent was $111, so WTI oil prices are down about 23% from last year.

Here is the graph from Gasbuddy.com for nationwide gas prices. National prices are $3.65 per gallon. A year ago, prices were at $4.05 per gallon, so gasoline prices are down $0.40 per gallon from last year.