Calculated Risk calculatedriskblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calculatedriskblog.com Daily Mail and Mail on Sunday newspapers.
10:30 AM: - Tuesday, Feb 23rd -
9:00 AM:
FHFA House Price Index for December 2020. This was originally a GSE only repeat sales, however there is also an expanded index.
9:00 AM:
S&P/Case-Shiller House Price Index for December.
This graph shows the year-over-year change for the Case-Shiller National, Composite 10 and Composite 20 indexes, through the most recent report (the Composite 20 was started in January 2000).
The consensus is for a 9.1% year-over-year increase in the Comp 20 index for December.
10:00 AM:
10:00 AM:
Testimony, Fed Chair Jerome Powell, Semiannual Monetary Policy Report to the Congress, Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate
10:30 AM: - Tuesday, Jan 26th -
9:00 AM:
FHFA House Price Index for November. This was originally a GSE only repeat sales, however there is also an expanded index.
9:00 AM ET:
S&P/Case-Shiller House Price Index for November.
This graph shows the Year over year change in the nominal seasonally adjusted National Index, Composite 10 and Composite 20 indexes through the most recent report (the Composite 20 was started in January 2000).
The consensus is for a 8.1% year-over-year increase in the Comp 20 index.
10:00 AM:
10:00 AM: - Wednesday, Jan 27th -
mortgage purchase applications index.
8:30 AM:
2:00 PM:
2:30 PM: - Thursday, Jan 28th -
8:30 AM:
Gross Domestic Product, 4th quarter 2020 (Advance estimate). The consensus is that real GDP increased 4.3% annualized in Q4.
1/15/2021 08:38:00 AM
On a monthly basis, retail sales decreased 0.7 percent from November to December (seasonally adjusted), and sales were up 2.9 percent from December 2019.
From the Census Bureau report:
Advance estimates of U.S. retail and food services sales for December 2020, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $540.9 billion,
a
decrease of 0.7 percent from the previous month, but 2.9 percent above December 2019.
Total sales for the 12 months of 2020 were up 0.6 percent from 2019. . The October 2020 to November 2020 percent change was revised from down 1.1 percent to down 1.4 percent.
emphasis added
Click on graph for larger image.
This graph shows retail sales since 1992. This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline).
Wall Street Aims To Open Moderately Positive
Asian shares finished lower, while European shares are trading mixed.
Initial cues from the U.S. Futures Index suggest that Wall Street might open slightly positive.
News on the coronavirus front may attract attention on Tuesday, while traders are also likely to keep an eye on reports
As of 7.45 am ET, the Dow futures were adding 22.00 points, the S&P 500 futures were progressing 8.75 points and the Nasdaq 100 futures were gaining 68.25 points.
The U.S. major Indices finished lower on Monday. The Dow inched up 37.40 points or 0.1 percent to 30,216.45. The Nasdaq edged down 13.12 points or 0.1 percent to 12,742.52 and the S&P 500 fell 14.49 points or 0.4 percent to 3,694.92.