by Bill McBride on 2/03/2013 10:04:00 PM
Sunday, February 03, 2013
• 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 Gasbuddy.com 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 GasBuddy.com|