by Calculated Risk on 11/28/2021 06:41:00 PM
o Schedule for Week of November 28, 2021
o At 10:00 AM ET, Pending Home Sales Index for October. The consensus is for a 1.0% increase in the index.
o At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for November. This is the last of the regional Fed manufacturing surveys for November.
Oil prices were down over the last week with WTI futures at $70.30 per barrel and Brent at $74.67 per barrel. A year ago, WTI was at $46, and Brent was at $47 – so WTI oil prices are up 50% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.38 per gallon. A year ago prices were at $2.11 per gallon, so gasoline prices are up $1.27 per gallon year-over-year.