Sunday, July 10, 2016

Sunday Night Futures

by Bill McBride on 7/10/2016 09:54:00 PM

Weekend:
Schedule for Week of July 10, 2016

More Employment Graphs: Duration of Unemployment, Unemployment by Education, Construction Employment and Diffusion Indexes

Monday:
• At 10:00 AM ET, The Fed will release the monthly Labor Market Conditions Index (LMCI).

From CNBC: Pre-Market Data and Bloomberg futures: S&P and DOW futures are mostly unchanged (fair value).

Oil prices were down over the last week with WTI futures at $45.01 per barrel and Brent at $46.41 per barrel.  A year ago, WTI was at $53, and Brent was at $58 - so prices are down about 20% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.23 per gallon (down about $0.50 per gallon from a year ago).