by Bill McBride on 12/09/2012 08:30:00 PM
Sunday, December 09, 2012
• Labor Force Participation Rate Update
• FOMC Projections Preview
• Summary for Week Ending Dec 7th
• Schedule for Week of Dec 9th
The Asian markets are mostly green tonight, with the Nikkei up 0.2%.
From CNBC: Pre-Market Data and Bloomberg futures: the S&P futures are up slightly and DOW futures are up 15.
Oil prices are mostly moving sideways with WTI futures at $86.26 per barrel and Brent at $107.41 per barrel. Gasoline prices are now near the low for the year.
Here is a graph from Gasbuddy.com showing the roller coaster ride for gasoline prices. If you click on "show crude oil prices", the graph displays oil prices for WTI, not Brent; gasoline prices in most of the U.S. are impacted more by Brent prices.
|Orange County Historical Gas Price Charts Provided by GasBuddy.com|
Three more questions this week for the December economic prediction contest (Note: You can now use Facebook, Twitter, or OpenID to log in).