Active U.S. rigs climbed for the second week in a row per Baker Hughes. The total number of operating rigs in the U.S. the week as of February 2^nd was 946, 765 oil and 181 gas.

The dollar Broad Index posted a reading of 94.35 on February 2^nd, its lowest point since June 2015. Over the past 12 months, the dollar broad index has ranged between 94.35, (today) and 101.88, (February 2017).

Consumer confidence increased in January as the Conference Board Consumer Confidence Composite Index rose by 2.3 points to 125.4, following a decline in December. On a three month moving average, (3MMA) the composite index measured 125.7, up 0.3 point month on month (m/m).

The pace of U.S. economic growth rebounded nicely in December as the CFNAI advanced to +0.25 from a -0.02 score in October. On a three month moving average, (3MMA) basis the CFNAI recorded a +0.42 reading, up a tick point month on month, (m/m).

According to the U.S. Census Bureau’s latest data, housing starts fell 8.2% month on month, (m/m) in December to a seasonally adjusted annualized rate (SAAR) of 1,192,000 units. This was lower than the revised November estimate of 1,299,000 units.

Job openings were little changed at 5.88 million on the last business day of November and remain near record highs according to the Bureau of Labor Statistics. Over the month, hires were also little changed at 5.49 million, while separations remained at 5.20 million.