Sunday, February 03, 2013

Sunday Night Futures

by Bill McBride on 2/03/2013 10:04:00 PM

• At 10:00 AM ET, Manufacturers' Shipments, Inventories and Orders (Factory Orders) for December. The consensus is for a 2.2% increase in orders.

• At 2:00 PM, The January 2013 Senior Loan Officer Opinion Survey on Bank Lending Practices from the Federal Reserve. This might show some slight loosening in lending standards.

Summary for Week Ending Feb 1st
Schedule for Week of Feb 3rd

The Asian markets are green tonight with the Nikkei up 0.5%, and the Shanghai Composite index is up 0.4%.

From CNBC: Pre-Market Data and Bloomberg futures: the S&P futures are up slightly and DOW futures are up 10.

Oil prices have moved up recently WTI futures at $97.58 per barrel and Brent at $116.62 per barrel. Gasoline prices are up 20 cents over the last couple of weeks.

Below is a graph from showing the recent increase in 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