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Tuesday: Housing Starts

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Weekend:
Schedule for Week of June 18, 2023

Monday:
• At 8:30 AM ET, Housing Starts for May. The consensus is for 1.405 million SAAR, up from 1.401 million SAAR in April.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 20 and DOW futures are down 165 (fair value).

Oil prices were up over the last week with WTI futures at $71.29 per barrel and Brent at $76.09 per barrel. A year ago, WTI was at $110, and Brent was at $118 – so WTI oil prices are down about 35% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.55 per gallon. A year ago, prices were at $4.97 per gallon, so gasoline prices are down $1.42 per gallon year-over-year.

BDPT Up 800% In One And A Half Weeks Amid Multiple Developments.

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